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GenVec Inc. (NASDAQ: GNVC) shares surged 80.45 percent to close at $0.48 a share Wednesday. The stock traded between $0.34 and $0.64 on volume of 3.82 million shares traded. The company announced that its Board of Directors has withdrawn the Plan of Complete Liquidation and Dissolution for the Company. Shares of GenVec have fallen approximately 64.0 percent year-to-date.
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Rockwell Medical Inc. (NASDAQ: RMTI) shares spiked 8.84 percent to close at $6.03 share Wednesday. The stock traded between $5.90 and $6.42 on volume of 6.26 million shares traded. The company announced that SFP met both its primary and key secondary endpoints in a recent Phase 3 study. Shares of Rockwell Medical have fallen approximately 25.0 percent year-to-date.
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SAIC, Inc. (NYSE: SAI) shares declined 4.88 percent to close at $14.41 a share Wednesday. The stock traded between $13.83 and $14.57 on volume of 7.96 million shares traded. The company reported revenues were $2.47 billion for the second quarter of fiscal 2014, compared to $2.83 billion a year ago. Shares of SAIC have gained approximately 27.0 percent year-to-date.
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SanDisk Corporation (NASDAQ: SNDK) shares increased 3.31 percent to close at $57.14 a share Wednesday. The stock traded between $56.16 and $58.49 on volume of 8.28 million shares traded. According to Stern Agee, a disruption at a SK Hynix facility in China could have a positive effect on DRAM-NAND pricing. Shares of SanDisk have gained approximately 30.0 percent year-to-date.
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