Lakeway, NY — (MARKET NEWS CALL) — 12/17/2014— Specialpennystockalert.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market about the small and penny stocks, issues news alert on Auspex Pharmaceuticals Inc(NASDAQ:ASPX), Volcano Corporation (NASDAQ:VOLC), Digital River, Inc.(NASDAQ:DRIV).
Auspex Pharmaceuticals Inc(NASDAQ:ASPX)’s shares surged 87.52% to $46.98 in the pre-market hour. The company on Dec. 16 announced positive topline efficacy and safety results from its Phase 3 registration trial evaluating SD-809 for the treatment of chorea associated with Huntington’s disease (HD), called First-HD. In addition to meeting the primary efficacy endpoint, significant improvements in both patient and clinical global impressions of change and quality of life were observed. Importantly, the study showed a favorable safety and tolerability profile, including low rates of depression, somnolence, akathisia/restlessness and anxiety. In addition, Auspex announced results from an analysis of the completed four-week Switch portion of the ARC-HD study, which also has an ongoing long-term safety component.
Volcano Corporation (NASDAQ:VOLC) shares soared 55.18% to $17.83 in the pre-market hour. Royal Philips (NYSE: PHG; AEX: PHIA) and Volcano Corporation (VOLC), a global leader in catheter-based imaging and measurement solutions for cardiovascular applications, on Dec. 17 announced that they have entered into a definitive merger agreement. Pursuant to the agreement, Philips will commence a tender offer to acquire all of the issued and outstanding shares of Volcano for USD 18.00 per share, or a total equity purchase price of USD 1 billion (approx. EUR 800 million), to be paid in cash upon completion. The board of directors of Volcano has unanimously approved the transaction and recommends the offer to its shareholders. The transaction is expected to close in the first quarter of 2015.
Digital River, Inc.(NASDAQ:DRIV)’s shares increased 45.37% to $16.86 in the pre-market hour. The company on Dec. 10 announced it has entered into new strategic alliance partnership agreements with Rauxa, Inc., an independent, full-service marketing agency, and Slalom Consulting, a business and technology consulting firm. Through these partnerships, Digital River is extending the value of its SaaS-based commerce solution, making it easier for clients to add specialized, third-party consulting services and complementary web content management (WCM) system technologies.
Specialpennystockalert.com is engaged in providing the most up to date and useful information on Microcap Stocks poised to breakout. Specialpennystockalert.com also provides investors with trend analysis, detailed company profiles, and most importantly a much needed “informational edge” which can be used as a tool for making investment decisions. To Receive Instant updates in the inbox, readers are advised to sign up for free at Specialpennystockalert.com.
The assembled information disseminated by Specialpennystockalert.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Specialpennystockalert.com does expect that investors will buy and sell securities based on information assembled and presented in Specialpennystockalert.com. PLEASE always do your own due diligence, and consult your financial advisor.