CHTP jumps, CSCO trades wide, BLTI tumbles

Posted on Monday, December 20th, 2010

Chelsea Therapeutics International Ltd. (Nasdaq: CHTP) zoomed higher 19.13 percent in price Monday to $7.16. Volume of 3,471,695 shares better than tripled its full-day average. The Charlotte-based CHTP announced it has completed a pre-NDA assessment with the FDA and intends to accelerate its new drug application (NDA) for NORTHERA™(droxidopa) for the treatment of symptomatic, neurogenic orthostatic hypotension.

Cisco Systems Inc. (Nasdaq: CSCO) was busy early Monday afternoon, trading in 26,465,845 shares, making headway against its daily average of 71,898,900. Share prices for CSCO crept ahead 0.69 percent to $19.68.

BioLase Technology Inc. (Nasdaq: BLTI) fell in price 11.05 percent Monday to $1.69, on volume of 64,212 shares, approaching its full-day average of 78,005. BLTI, based in Irvine, Calif., is the world’s leading dental laser manufacturer and distributor.

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