CRMD healthy, F rolls off lot, PWAV subsides

CorMedix Inc. (AMEX: CRMD) boosted its price 18.31 percent to close Monday’s trading at $1.68. Volume for the stock was 85,819 shares, or about seven times its normal daily average. CRMD is a pharmaceutical company focused on developing and commercializing therapeutic products for the prevention and treatment of cardiorenal disease

Ford Motor Company (NYSE: F) traded in 52,625,749 shares, but still a whole lot less than its daily average of 84,557,800 shares. Share prices retreated 1.55 percent to $16.47. Ford said Monday it will begin construction on a new plant in Nanchang City, capital of east China’s Jiangxi Province, next year.

Powerwave Technologies Inc. (NasdaqGS: PWAV) backtracked 11.48 percent to close Monday at $2.39. Volume of 5,798,434 shares, more than tripled its full-day average. The company is a global leader in end-to-end wireless coverage and capacity solutions.

Tags: amex, communications, consumer discretionary, CRMD, F, nasdaq, NYSE, pharmaceutical stocks, PWAV, Technology Stocks

This entry was posted on Monday, December 13th, 2010 at 4:36 pm by Glenn and is filed under Consumer Discretionary Stocks, pharmaceutical 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.