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Cubist Pharmaceuticals Inc. (NASDAQ: CBST) shares increased 4.57 percent to close at $73.21 a share Monday. The stock traded between $70.73 and $74.44 on volume 2.35 million shares traded. The company announced that total revenues are expected to be $1.1 billion for 2013, an increase of 14.0 percent year-over-year. Shares of Cubist Pharmaceuticals have gained approximately 60.0 percent in the past year.
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Dendreon Corporation (NASDAQ: DNDN) shares spiked 9.03 percent to close at $3.26 a share Monday. The stock traded between $3.08 and $3.48 on volume 17.18 million shares traded. The company announced that it expects net product revenue for the fourth quarter of 2013 to increase by 10.1 percent sequentially. Shares of Dendreon have fallen approximately 45.0 percent in the past year.
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Rexahn Pharmaceuticals, Inc. (NYSEMKT: RNN) shares soared 40.35 percent to close at $1.60 a share Monday. The stock traded between $1.41 and $1.85 on volume 79.2 million shares traded. Roth Capital Markets has recently initiated coverage on the company with a “buy” rating and a price target of $3.00. Shares of Rexahn Pharmaceuticals have gained approximately 210.0 percent so far in 2014.
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Rosetta Genomics Ltd. (NASDAQ: ROSG) shares surged 18.18 percent to close at $3.77 a share Monday. The stock traded between $3.69 and $4.37 on volume of 7.25 million shares traded. The company announced that it has signed a master service provider agreement with an undisclosed major global biopharmaceutical company. Shares of Rosetta Genomics have fallen approximately 24.0 percent in the past year.
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