Prana Biotechnology Limited (NASDAQ: PRAN) shares closed up 21.02% on Tuesday with nearly 5.9 million shares traded. The stock was one of the most active stocks on the NASDAQ and one of the biggest advancers despite no company news released.
Prana Biotechnology Limited researches and develops therapeutic drugs for the treatment of neurological disorders in Australia. It primarily focuses on the Alzheimers, Parkinsons, and Huntingtons diseases, as well as various cancer and age-related macular degeneration.
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JD.com, Inc. (NASDAQ: JD) shares hit a new high of $22.98 on Tuesday after the stock’s IPO this last Thursday. “People are buying JD.com largely on wanting exposure to e-commerce and that’s nothing but good for Alibaba,” Max Wolff, chief economist at Citizen.vc, New York-based venture-capital fund. “Excitement about Chinese e-commerce is still strong even if excitement about China has calmed down a bit.”
Beijing Jingdong Century Trading Co., Ltd. operates as an online retailer in China. It retails various categories of products to customers worldwide.
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