Acadia Pharmaceuticals Inc. (NASDAQ: ACAD) opened at $5.01 and oscillated in the range of $5.00 and $5.70 in the current trading session. It closed at $5.61, up 11.98 percent from its previous close of $5.01. Acadia Pharmaceuticals shows bullish trend and the stock’s first resistance level is at $6.50. On the downside, it may slip to $4.83. Upon breaching this level, the stock may touch $4.18.
Acadia Pharmaceuticals is a biopharmaceutical company and it specializes in developing small molecule therapies for various nervous systems and neurological ailments. The company was formed in 1993 and it was earlier known as Receptor Technologies.
Fifth & Pacific Companies Inc. (NYSE: FNP) traded in the range of $13.39 and $14.42 during its latest trading session. The stock had opened at $13.45 and closed at $14.31, up 11.45 percent from its previous close of $12.84. Fifth & Pacific Companies has its first support level at $13.86 while it faces the resistance at $14.49. It recorded the volume of 5.056 million shares, which is significantly higher than its average daily trading volume of 1.656 shares. The stock went up with high volume showing bullish trend. Fifth & Pacific Companies lowered its estimates for 2012 EBITDA to the range of $110 million and $105 million.
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