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MONITISE PLC(OTCMKTS:MONIF) gained $0.053 yesterday and closed at $0.782. The online banking services company reached a three month low of $0.72 on July 10th, 2014, making yesterday’s 7.19% increase in value all the more welcome. Monitise’s decrease in value was caused by its recent downgrade in revenue outlook. Regardless, the United Kingdom-based tech company’s share value is still $0.21 above its 52 week low. The company’s recent acquisition of Markco Media could also prove beneficial in the long run.
La Jolla Pharmaceutical Company(NASDAQ:LJPC) gained $0.20 through trading yesterday and closed at $10.85. The biopharmaceuticals company, which specializes in therapeutics for chronic organ failure, and cancer, has also gained $2.69 since July 8th, 2014. On that day, La Jolla announced the planned initiation of the Phase 3 Registration Program for LJPC-501. Furthermore, on July 7th, the company announced the appointment of Robert H. Rosen, President and a Director of Heron Therapeutics, to the Board of Directors.
WINDSTREAM TECHNOLOG(OTCBB:WSTI) fell $0.11 yesterday and closed at $0.835. Although the stock has rebounded from its three month low of $0.55 recorded on July 2nd, 2014, the renewable energy company remains $1.22 below its three month high of $2.07. Currently, CEO Dan Bates is engaged in a war of words with GeoInvesting, calling the company’s information “misleading.”GeoInvesting claims that an “SEC halt risk appears high” and that over seven million shares have disappeared.
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