Shares of Be Active Holdings Inc. (OTC: JALA), a manufacturer of frozen yoghurt and fudge bars, are soaring in trading today. At last check, JALA shares were trading 16.13% higher at $0.18 on above average volume of 6.081 million. The stock hit an intra-day high of $0.1879 earlier today.
JALA shares are gaining momentum in trading today despite there being no recent news or development related to the company. The gains therefore are likely due to some stock promotion activity.
Shares of RXi Pharmaceuticals Corp. (OTC: RXII), a company engaged in the discovery, development and commercialization of therapies based on its RNAi platform, are rallying in trading today. At last check, RXII shares were trading 15.06% higher at $0.230 on above average volume of 2.75 million. The stock hit an intra-day high of $0.23 in trading today. RXII shares have gained more than 58% in the last three trading sessions.
RXII shares have been surging after the company and OPKO Health Inc. last week announced a strategic pooling of their respective assets in the field of RNA interference (RNAi). Dr. Geert Cauwenbergh, President and CEO of RXI Pharmaceuticals, said last week that combining OPKO’s RNAI assets and related intellectual property with the company’s self-delivering technology platform will further extend the company’s competitive edge in this important field of pharmaceutical development.
Shares of First China Pharmaceutical Group Inc. (PINK: FCPG), a company engaged in the drug logistics and distribution business in China, are seeing a huge rally in trading today. At last check, FCPG shares were trading 37.93% higher at $0.200 on above average volume of 1.44 million. The stock rose to an intra-day high of $0.28 earlier today. In the last three trading sessions, FCPG shares have gained more than 81%.
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