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Cyan Inc. (NYSE: CYNI) shares dropped 29.79 percent to close at $3.63 a share Tuesday. The stock traded between $3.60 and $4.05 on volume 3.83 million shares traded. The company announced that it expects revenue for the fourth quarter of 2013 to be in the range of $20.0 million to $21.0 million, down from its previous guidance of $30.0 million to $33.0 million. Shares of Cyan have fallen approximately 65.0 percent in the past year.
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Neurocrine Biosciences, Inc. (NASDAQ: NBIX) shares soared 89.69 percent to close at $18.51 a share Tuesday. The stock traded between $15.20 and $18.62 on volume of 18.95 million shares traded. The company reported positive results from a Phase II study of NBI-98854 for the treatment of tardive dyskinesia. Shares of Neurocrine Biosciences have gained approximately 120.0 percent in the past year.
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Orexigen Therapeutics, Inc. (NASDAQ: OREX) shares increased 2.65 percent to close at $5.82 a share Tuesday. The stock traded between $5.48 and $5.82 on volume 3.98 million shares traded. The company announced that the FDA has set a Prescription Drug User Fee Act goal date of June 10, 2014 for Contrave. Shares of Orexigen Therapeutics have fallen approximately 3.0 percent in the past year.
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Plug Power Inc. (NASDAQ: PLUG) shares surged 38.99 percent to close at $3.85 a share Tuesday. The stock traded between $3.05 and $4.14 on volume 122.05 million shares traded. The company announced that it will develop hydrogen fuel cell range extenders for 20 FedEx Express electric delivery trucks. Shares of Plug Power have gained approximately 625.0 percent in the past year.
Get more information on Plug Power and free access to the in-depth equity report at:
www.FiveStarEquities.com/PLUG
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