Daily Stock Reporter is issuing a report on four stocks to watch. Vericel Corp (NASDAQ:VCEL), MaxPoint Interactive Inc (NYSE:MXPT), Netlist, Inc. (NASDAQ:NLST), and Christopher & Banks Corporation (NYSE:CBK) have been added to our watchlist today. Continue reading to find out why. – To get daily alerts on top stocks on the OTCQB, OTCQX, Nasdaq, NYSE, and OTCBB, subscribe to our newsletter at DailyStockReporter.com.
Vericel Corp (NASDAQ:VCEL) today announced top-line results from the company’s Phase 2b ixCELL-DCM clinical trial of ixmyelocel-T in patients with advanced heart failure due to ischemic dilated cardiomyopathy. “The results of the ixCELL-DCM study, which we believe is the largest randomized cell therapy trial to treat congestive heart failure completed to date, demonstrated a statistically significant and clinically meaningful reduction in cardiac events in patients who received treatment with ixmyelocel-T compared to placebo,” said Dr. David Recker, Vericel’s chief medical officer. The stock has increased from a previous close on Wednesday (3/9) of $2.12 to highs early Thursday (3/10) morning of $4.50. Volume is trading more than 100 times the daily average
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MaxPoint Interactive Inc (NYSE:MXPT) shares have seen an increase in trading volume and price on Thursday (3/10). From a close of $1.79 on Wednesday, MXPT’s price has increased by as much as 31% after hitting highs of $2.35. MaxPoint, a marketing technology firm reported $140.1 million in revenue in what CEO Joe Epperson called a “transformational year.”
The company that helps manufacturers and retailers generate in-store sales with its innovative Digital Zip® technology.
Netlist, Inc. (NASDAQ:NLST) a leading provider of high performance and hybrid memory solutions for the cloud computing and storage markets, today announced it has prevailed against Smart Modular Technologies in the final Inter Partes Reviews of two Netlist patents, U.S. Patent Nos. 8,001,434 and 8,359,501 related to self-test. The ‘434 and ‘501 patents are part of a seven-patent lawsuit Netlist filed in the U.S. District Court of the Northern District of California against the ULLtraDIMM product from SanDisk and Diablo Technologies.
Since March 4th, the share price of NLST has moved from $1.14 to highs of $1.75. Though the highest volume day that it saw was yesterday (3/9), Thursday’s volume is still trending above average with more than 450,000 shares traded before 11:00AM EST.
Christopher & Banks Corporation (NYSE:CBK) is a Minneapolis-based specialty retailer of women’s clothing. As of March 10, 2016, the Company operates 514 stores in 45 states consisting of 314 MPW stores, 77 Outlet stores, 65 Christopher & Banks stores, and 58 stores in its women’s plus size clothing division CJ Banks. The stock has realized significant price appreciation over the better part of the last 2 weeks. Since March 2, the stock has climbed from $1.40 to highs on Thursday of $2.94 following the announcement of the nomination of new additions to its Board of Directors
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