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Amarin Corporation plc (NASDAQ: AMRN) shares declined percent to close at $9.56 a share Tuesday. The stock traded between $5.55 and $5.79 on volume of 11.88 million shares traded. The company announced a public offering of 21.7 million American Depositary Shares. Shares of Amarin have fallen approximately 31.0 percent year-to-date.
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CytRx Corporation (NASDAQ: CYTR) shares soared 20.91 percent to close at $2.66 a share Tuesday. The stock traded between $2.60 and $3.20 on volume of 3.97 million shares traded. The company announced that aldoxorubicin, which is a more potent version doxorubicin, was effective in treating human brain (glioblastoma) cancer in the brains of animals. Shares of CytRx have gained approximately 42.0 percent year-to-date.
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PharMerica Corporation (NYSE:PMC) shares dropped 7.55 percent to close at $12.86 a share Tuesday. The stock traded between $12.51 and $13.55 on volume of 508,136 shares traded. Barclays has recently downgraded the company rating to “underweight” from “equal weight” and currently has a price target of $12.00 on the stock. Shares of PharMerica have declined approximately 9.7 percent year-to-date.
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Ixia (NASDAQ: XXIA) shares plunged 19.39 percent to close at $14.30 a share Tuesday. The stock traded between $13.31 and $14.99 on volume of 5.68 million shares traded. The company expects revenues for the second quarter to be in range of $114 million to $116 million, down from their previous guidance of $119 million to $122 million. Shares of Ixia have fallen approximately 15.8 percent year-to-date.
Get more information on Ixia and free access to the in-depth equity report at: www.FiveStarEquities.com/XXIA
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