Active traders and day traders have many stocks to choose from this Monday morning. We are tracking news and moves in shares of Dryships, Inc. (NASDAQ: DRYS), Impax Laboratories, Inc. (NASDAQ: IPXL), Inspire Pharmaceuticals, Inc. (NASDAQ: ISPH), Motricity, Inc. (NASDAQ: MOTR), and Qiao Xing (NASDAQ: XING).
Dryships, Inc. (NASDAQ: DRYS) is down 2% on moderate volume to $5.38, relative to a 52-week range of $3.28-$6.95. The company was cut to underweight at Morgan Stanley.
Impax Laboratories, Inc. (NASDAQ: IPXL) is up 5.3%, relative to a 52-week range of $7.20-$22.39. Impax recently received FDA approval on a drug.
Inspire Pharmaceuticals, Inc. (NASDAQ: ISPH) has lost nearly 60% of its value premarket on very heavy volume to $3.49, relative to a 52-week range of $4.42-$8.74. The pharmaceutical company reported that its Cystic Fibrosis drug failed to meet standards.
Motricity, Inc. (NASDAQ: MOTR) is up 5% on light volume, relative to a 52-week range of $6.55-$31.95.
Qiao Xing (NASDAQ: XING) extends its streak on the 24/7 Top Active Trader Stocks to its third consecutive trading day. Shares of XING are up nearly 9% premarket to $3.08, relative to a 52-week range of $1.36-$3.55.