CNET sings, INTC volume frontrunner, CPIX downward

ChinaNet Online Holdings Inc. (Nasdaq: CNET) moved higher by 20.79 percent in price Wednesday to $4.30. Volume of 269,526 shares was more than 13 times its daily average. The China-based CNET is a leading full-service B2B media development and internet technology company for small and medium-sized enterprises.

Intel Corp. (Nasdaq: INTC) traded in 32,828,220 shares Wednesday. Although Intel is currently a volume leader, it fell short, in light trading, of its usual volume of 57,889,900. Share prices were down 1% to $220.89.

Cumberland Pharmaceuticals Inc. (Nasdaq: CPIX) retreated 13.04 percent in price Wednesday to $6.00, on volume of 293,784 shares, compared to a full-day average of 64,679. Nashville-based CPIX announced today that it has received a Complete Response Letter from the FDA regarding its supplemental new drug application (sNDA) for Acetadote® (acetylcysteine) Injection to treat patients with non-acetaminophen induced acute liver failure.

Tags: CNET, CPIX, healthcare, INTC, nasdaq, pharmaceutical stocks, Technology Stocks

This entry was posted on Wednesday, December 22nd, 2010 at 3:26 pm by Glenn and is filed under Health Care Stocks, Technology Stocks. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.