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Axion International Holdings, Inc. (OTCBB: AXIH) shares climbed up 35.42 percent on Friday with about 800,000 shares traded. The stock hit a new 52-week high of $1.32 during intra-day trading. The company, a leader in recycled plastic and plastic composite technologies, announced that it will host a conference call on Tuesday, December 17th at 4:15pm ET to discuss recent corporate milestone events, including the launch of its recycling subsidiary AXION Recycled Plastic Incorporation through the acquisition of significant assets and the signing of a 3-year $42 million contract.
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Martha Stewart Living Omnimedia Inc. (NYSE: MSO) shares closed up 18.35 percent on Friday with about 1.1 million shares traded, significantly higher than average for the stock who usually sees about 230,000 in trading volume. The stock had one of the biggest percentage advances on the NYSE and hit a new 52-week high of $3.88 during intra-day trading. The move came following a New York Post report that the company had laid off 100 workers, or 20% of its workforce.
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Coronado Biosciences, Inc. (NASDAQ: CNDO) shares closed up 20.79 percent on about 19.2 million shares traded on Friday. The stock had one of the biggest advances on the NASDAQ. The company announced a presentation of Interim Data from an autism study at a neuropsychopharmacology meeting. The study is a double-blind, randomized, placebo-controlled, cross-over study and enrolled 10 high-functioning adult autism spectrum disorder patients who were able to give informed consent to participate in the study and who had a history of allergies and/or a family history of immune-inflammatory illness.
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Tiger Oil and Energy, Inc. (OTC: TGRO) shares retraced on Friday to close down 15.83 percent, making it one of the biggest decliners in the OTC market. The company had announced on December 11th that it has signed an election to participate in the first of three wells with TOTO Energy LLC in Cowley County Kansas. Tiger will earn a 30% working interest and a 24.45% Net Royalty Interest in the well. Cost of the first well has increased to $630,000 because of the cold weather for drilling and fracking each well with Tiger's cost of 30% to be $189,000 per well.
Get more information on Tiger Oil and Energy, Inc. and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/TRGO
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