One
of the largest drags on the NASDAQ was Apple (NASDAQ: AAPL) that felt a pair of.
6 % to $533.25, extending its losses for the week to eight. 9 percent. This was
the worst week for the stock since could 2010, and with the losses, the stock
of the biggest U.S. company by value is currently down twenty four. 4 % from
associate degree incomparable Intraday high reached in late Sep. In Friday's
session, Apple's 50-day moving average fell to $599.52 - below its 200-day
moving average at $601.38. The weakness drove the S&P data technology sector
(.GSPT) lower. The index fell 0.6 % and was the weakest of the S&P 500's
ten major trade sectors on Fri.
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Cereplast
voluntarily moves list from the NASDAQ to the OTCQB Market (NASDAQ: CERP) zero.
07 -0.00 : Co declared that its Board of administrators has voluntarily
determined to maneuver the listing of its common shares from The NASDAQ Capital
Market (NASDAQ) to the unlisted Markets OTCQB marketplace (OTCQB). Cereplast
expects that its stock can begin mercantilism on the OTCQB underneath its
ticker image CERP effective December seventeen, 2012. As of that date,
investors and different interested parties are able to read the $64000 Time
Level II stock quotes for CERP at http://www.otcmarkets.com. Cereplast can file
a type twenty five with the Securities and Exchange Commission on December
seventeen, 2012 and stop mercantilism on NASDAQ on 14-0
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Zogenix
(NASDAQ: ZGNX) solely born eleven. 5%, however is ready to drop far more on
Mon, December tenth as ZGNX begins mercantilism once more. The drop described
apprehension over the Analgesic Drug merchandise consultative Committee vote on
their medicinal drug Zohydro, that's all over up being well-warranted. The
consultative committee voted one-2 (with 1 abstain) against approval of the
drug, primarily attributed to the drug's abuse potential. The ultimate
government agency call in inward in March first of 2013, though the results of
the committee vote recommend that there's a really low likelihood of approval.
Chelsea
medicine (NASDAQ: CHTP), that has had a rough year so. The stock born thirty 6.38%
on weekday thanks to the discharge of preliminary clinical test"306B
Study" knowledge of his or her drug for Symptomatic animal tissue
hypotension (NOH), that is related to brain disease. The study did meet its
primary termination (p=0. 018), however the government agency primarily told
the corporate that there wasn't enough knowledge for a victorious NDA
submission. Intelligibly, the investors United Nations agency is holding
Chelsea for prolonged periods in anticipation of those results were defeated.
CHTP all over the week 50.3% lower.
