Biggest NASDAQ Stock Losers today were CEPH, NLST, PEET : by Penny Stock Pick Alert
Penny Stock Pick Alert reports that Cephalon, Inc., Netlist, Inc. and Peet's Coffee & Tea, Inc. today were Biggest NASDAQ Stock Losers.
(EMAILWIRE.COM, November 24, 2009 ) Dallas, TX - Cephalon, Inc. (NASDAQ:CEPH) plunged 8.64% to $54.46 after Ception Therapeutics, Inc. and Cephalon, Inc., announced results from a Phase IIb/III clinical trial for CINQUIL as a treatment for pediatric eosinophilic esophagitis (EoE). The study was designed to evaluate improvement in the co-primary endpoints of changes in esophageal eosinophil levels and clinical symptoms. Analyses of the data indicated that patients treated with CINQUIL showed a statistically significant reduction in esophageal eosinophil levels versus placebo.
Netlist, Inc. (NASDAQ:NLST) plunged 11.42% to $6.44. The stock hit an intraday high and an intraday low of $7.30 and $6.10 respectively. In the last six months the stock went up over 2046%. Netlist, Inc., designs, manufactures and sells memory subsystems primarily for the server, high-performance computing and communications markets. The Company’s memory subsystems consist of dynamic random access memory integrated circuits (DRAM ICs), NAND flash memory (NAND) and other components assembled on a printed circuit board (PCB).
Peet's Coffee & Tea, Inc. (NASDAQ:PEET) plunged 13% to $33.06 after the company announced that, on November 22, 2009, it received a revised offer from Peet's Coffee & Tea, Inc., offering to pay to Diedrich Coffee's stockholders a combination of $19.80 in cash and 0.321 of a share of Peet's common stock for each share of Diedrich common stock tendered and accepted in its exchange offer, representing total consideration of $32.00 per share.
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Netlist, Inc. (NASDAQ:NLST) plunged 11.42% to $6.44. The stock hit an intraday high and an intraday low of $7.30 and $6.10 respectively. In the last six months the stock went up over 2046%. Netlist, Inc., designs, manufactures and sells memory subsystems primarily for the server, high-performance computing and communications markets. The Company’s memory subsystems consist of dynamic random access memory integrated circuits (DRAM ICs), NAND flash memory (NAND) and other components assembled on a printed circuit board (PCB).
Peet's Coffee & Tea, Inc. (NASDAQ:PEET) plunged 13% to $33.06 after the company announced that, on November 22, 2009, it received a revised offer from Peet's Coffee & Tea, Inc., offering to pay to Diedrich Coffee's stockholders a combination of $19.80 in cash and 0.321 of a share of Peet's common stock for each share of Diedrich common stock tendered and accepted in its exchange offer, representing total consideration of $32.00 per share.
ABOUT PennyStockPickAlert.com
Penny Stock Pick Alerts by PennyStockPickAlert.com. We are a leading stock web site that provides free stock alerts on top penny stocks that are poised to make big gains. We also tracks small cap penny stocks that could be on the brink of a massive breakout.
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