AMR Corp. (OTCQB: AAMRQ), the parent company of American Airlines, is down sharply in mid-day trading today, extending its losses from the previous trading session. At last check, AAMRQ was down 8.97% to $1.32 on volume of 6.89 million, which is below the daily average volume of 10.15 million.
AAMRQ has fallen more than 18% this week. The stock has slipped even as the company reported a profit in the fourth quarter of 2012. The company reported a profit of $262 million, or $0.69 per share for the fourth quarter, compared to a loss of $1.1 billion, or $3.27 per share reported for the same period in the previous year.
AAMRQ currently has support at $1.30.
Organovo Holdings Inc. (PINKSHEETS: ONVO), a developer of three-dimensional (3D) bioprinting technology for creating functional human tissues on demand for research and medical applications, is up sharply in mid-day trading today, extending its gains for the week.
At last check, ONVO was trading 8.64% higher at $4.65 on volume of 1.26 million, which is nearly two times the daily average volume of 765,297. ONVO has gained more than 41% this week. ONVO has broken through some key technical levels as a result of the rally this week. Technical indicators for the stock are still giving bullish signals, which suggest that the rally could continue.
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