New York, NY — (NISMAGAZINE) — 01/18/2013 — HotStockProfits.com issues special report on the top OTC stock movers – Theravance Inc (NASDAQ:THRX), NuPathe Inc (NASDAQ:PATH), U.S. Energy Corp. (NASDAQ:USEG), Zynga Inc (NASDAQ:ZNGA), Nokia Corporation (ADR)(NYSE:NOK)
Theravance Inc (NASDAQ:THRX) stock declined 1.93% to $20.56 after the company yesterday announced the pricing of $250 million aggregate principal amount of 2.125% convertible subordinated notes due 2023 (the “notes”) in an underwritten public offering. The Company has also granted the underwriters an option to purchase up to $37.5 million aggregate principal amount of additional notes. The offering is scheduled to close on Thursday, January 24, 2013, subject to satisfaction of customary closing conditions.
How Should Investors Trade THRX After The Recent Slump? Find Out Here
NuPathe Inc (NASDAQ:PATH) stock gained 4.84% to $3.47 after the company yesterday announced that the U.S. Food and Drug Administration (FDA) has approved Zecuity™ (sumatriptan iontophoretic transdermal system) for the acute treatment of migraine with or without aura in adults. Zecuity is a single-use, battery-powered patch that actively delivers sumatriptan, the most widely prescribed migraine medication, through the skin. Zecuity provides relief of both migraine headache pain and migraine-related nausea (MRN).
How To Trade PATH After The Recent Momentum? Find Out Here
U.S. Energy Corp. (NASDAQ:USEG) stock climbed 3.66% to $1.70. The company, on Jan. 7, reported its 2013 Oil and Gas and Mount Emmons Capital Expenditure budgets and provided an operational update on its oil and gas initiatives. In December 2012 the Company’s Board of Directors approved a $27.1 million oil and gas capital expenditure budget for 2013.
Get Free Trend Analysis On USEG Here
Zynga Inc (NASDAQ:ZNGA) shares is trading at $2.49 in the early hour. The company announced on Thursday that it will hold a conference to discuss its fourth quarter and full year 2012 results on Tuesday, February 5, 2013. This will come after the market’s close at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time).
Is ZNGA A Buy The recent High Volatility? Find Out Here
Nokia Corporation (ADR)(NYSE:NOK) shares fell 2.76% to $4.41. The company has been reiterated by TheStreet Ratings as a sell with a ratings score of D. The company’s weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, poor profit margins, weak operating cash flow and generally disappointing historical performance in the stock itself.
In an attempt to streamline its IT operations, Nokia is downsizing its employee strength in the IT sector. This move is part of the Finnish handset manufacturer’s broader restructuring strategy to cut operating costs and improve profitability.
Is NOK a Buy After The Recent Trading Activities? Find Out Here
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