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Bioline RX Ltd. (NASDAQ: BLRX) shares dropped 13.01 percent to close at $2.54 a share Tuesday. The stock traded between $2.50 and $2.56 on volume of 4.58 million shares traded. The company announced the pricing of an underwritten public offering of 8.4 million American Depositary Shares at a price of $2.50 per ADS. Shares of Bioline RX are down approximately 10.0 percent year-to-date.
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Corcept Therapeutics Inc. (NASDAQ: CORT) shares spiked 15.73 percent to close at $3.90 a share Tuesday. The stock traded between $3.40 and $3.99 on volume of 1.60 million shares traded. The company projects revenue for Korlym, a treatment for Cushing’s syndrome, to be in the range of $24.0 million and $28.0 million in 2014. Shares of Corcept Therapeutics are up approximately 20.0 percent year-to-date.
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GT Advanced Technologies Inc. (NASDAQ: GTAT) shares surged 11.04 percent to close at $16.70 a share Tuesday. The stock traded between $15.85 and $16.83 on volume 17.57 million shares traded. Goldman Sachs has recently initiated coverage on the company with a “buy” rating. The company also reiterated guidance Monday. Shares of GT Advanced Technologies are up approximately 90.0 percent year-to-date.
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Oxygen Biotherapeutics, Inc. (NASDAQ: OXBT) shares soared 14.52 percent to close at $7.10 a share Tuesday. The stock traded between $7.05 and $8.35 on volume 7.42 million shares traded. The company announced that the FDA has lifted the clinical hold on Oxycyte, allowing them to proceed with the clinical development program in the US. Shares of Oxygen Biotherapeutics are up approximately 55.0 percent year-to-date.
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