Today's ONCY, ALTU, WEBM were Top NASDAQ Losers : by Penny Stock Pick Alert
Oncolytics Biotech, Altus Pharmaceuticals and WebMediaBrands today were Top NASDAQ Losers as reported by Penny Stock Pick Alert.
(EMAILWIRE.COM, November 19, 2009 ) Dallas, TX - Oncolytics Biotech, Inc. (USA) (NASDAQ:ONCY) plunged 17.49% to $2.83 after the company announced today that it has entered into an underwriting agreement for an offering of 4,250,000 units, each comprised of one common share and 0.4 of a common share purchase warrant, at a price of US$3.00 per unit to raise gross proceeds of US$12,750,000. Each whole common share purchase warrant entitles the holder to acquire one common share of Oncolytics upon payment of US$3.50, exercisable for a five year period commencing on the closing date of the offering, subject to an acceleration of the expiry date in certain circumstances.
Altus Pharmaceuticals Inc. (NASDAQ:ALTU) plunged 0.99% to $0.500. The stock hit an intraday high and an intraday low of $0.05 and $0.04 respectively. In the last six months the stock went down over 84%. Altus Pharmaceuticals Inc. is a biopharmaceutical company focused on the development of oral and injectable protein therapeutics for gastrointestinal and metabolic disorders.
WebMediaBrands Inc (NASDAQ:WEBM) decreased 5.39% to $0.710. The stock hit an intraday high and an intraday low of $0.74 and $0.63 respectively. In the last six months the stock went up over 44%. WebMediaBrands Inc., formerly Jupitermedia Corporation, is a global provider of images, original information, job boards and events for information technology, business and creative professionals.
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Altus Pharmaceuticals Inc. (NASDAQ:ALTU) plunged 0.99% to $0.500. The stock hit an intraday high and an intraday low of $0.05 and $0.04 respectively. In the last six months the stock went down over 84%. Altus Pharmaceuticals Inc. is a biopharmaceutical company focused on the development of oral and injectable protein therapeutics for gastrointestinal and metabolic disorders.
WebMediaBrands Inc (NASDAQ:WEBM) decreased 5.39% to $0.710. The stock hit an intraday high and an intraday low of $0.74 and $0.63 respectively. In the last six months the stock went up over 44%. WebMediaBrands Inc., formerly Jupitermedia Corporation, is a global provider of images, original information, job boards and events for information technology, business and creative professionals.
ABOUT http://www.PennyStockPickalert.com
The website alerts investors on Top Stocks that would help investors to generate higher than average returns. These include various types of stocks with huge volume, penny stocks that are moving to the upside quickly, penny stocks with buy signals and companies with news. Our regular Stock pick Alerts helps investors to achieve incredible results in a short amount of time .If you wish to get your company featured on our website then please contact us at info @PennyStockPickReport
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PennyStockPickAlert.com
Robert Wilson
Tel: 214 556 6798
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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