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Ariad Pharmaceuticals, Inc. (NASDAQ: ARIA) shares surged 12.07 percent to close at $7.52 a share Thursday. The stock traded between $7.05 and $7.56 on volume of 57.25 million shares traded. The Daily Mail has reported that three major pharmaceutical groups (Eli Lilly, GlaxoSmithKline and Shire) have made “friendly approaches” to gain a major control in the company. Shares of Ariad Pharmaceuticals have fallen approximately 60.0 percent in the past year.
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CEL-SCI Corporation (NYSEMKT: CVM) shares jumped 12.62 percent to close at $1.16 a share Thursday. The stock traded between $1.06 and $1.17 on volume 11.62 million shares traded. The company announced that it has gained government approval in Sebia to begin a Phase II clinical trial of Multikine in head and neck cancer. Shares of CEL-SCI have fallen approximately 60.0 percent in the past year.
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Nektar Therapeutics (NASDAQ: NKTR) shares gained 6.79 percent to close at $13.99 a share Thursday. The stock traded between $12.96 and $14.12 on volume 6.50 million shares traded. The company priced a public offering of 8.5 million shares of its common stock at a price of $12.75 a share. Shares of Nektar Therapeutics have are up approximately 55.0 percent in the past year.
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NetScout Systems, Inc. (NASDAQ: NTCT) shares spiked 14.36 percent to close at $36.48 a share Thursday. The stock traded between $33.57 and $36.70 on volume 1.54 million shares traded. The company reported GAAP revenues were $110.4 million for the third quarter of fiscal 2014, an increase of 21.0 percent when compared to a year ago. Shares of NetScout Systems have gained approximately 45.0 percent in the past year.
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