U.S.
stocks gaped down this morning after recent rally on Friday. However,
there are several stocks which are showing solid gains:-
A123 Systems,
Inc.(NASDAQ:AONE) shares are
showing solid recovery in the opening session on Friday with a gain of 21.40%
to $0.839 on hefty volume after the company reached with China's Ray Power
Systems to supply a 2MW grid energy storage system. Though 2MW may not sound
like much, Ray Power proclaims the deal will "validate the technical
capabilities" of grid storage, and A123 is hopeful it will open up new
opportunities in China. Selling energy tech in the country has its risks, as
American Superconductor and Maxwell can vouch.
Can AONE Bounce back
above $1 Mark? Find Free Trend
Analysis
Pluristem Therapeutics
Inc.(NASDAQ:PSTI) extended its prior
session’s gain and rose 15.62% to $3.70 after creating a new 52-week high of
$3.85. Yesterday, the stock ended higher by 19% after the Israeli biotech
company announced that CPC Clinical Research will be managing the company's
upcoming Phase II clinical trial for its proprietary stem-cell therapy in the
treatment of peripheral artery disease. Pluristem said that CPC is a specialist
in conducting clinical trials for the condition.
How Should Investors
Trade PSTI after Recent Rally, Get Trend
Analysis
Merrimack
Pharmaceuticals Inc(NASDAQ:MACK) added 9% to $7.89 and
made a new 52-week high of $9.20 earlier in the session. Earlier this week, the
company announced the election of James Quigley, CEO emeritus of Deloitte
Touche Tohmatsu, Limited (the Deloitte Global Network), to its Board of Directors.
Merrimack is a biopharmaceutical company dedicated to the discovery and
development of novel medicines for the treatment of cancer.
Get Trend Analysis on MACK
StemCells, Inc.(NASDAQ:STEM) added 13% to $1.58. Earlier this week, the company
announced preclinical data demonstrating that its proprietary human neural stem
cells restored memory and enhanced synaptic function in two animal models
relevant to Alzheimer's disease (AD). The data was presented today at the
Alzheimer's Association International Conference 2012 in Vancouver, Canada.
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