Top Stocks to Watch for May 16, 2014 (NASDAQ: PTX) (NYSE: RNN)

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Company Name Exchange Ticker Last Price Day 1 (% Change) Day 2 (% Change) 52 WEEK HIGH 52 WEEK LOW Last Volume M.Cap MM ($)
Pernix Therapeutics Holdings NASDAQ PTX 6.43 30.6% 15.0% 6.66 1.68 6,025,287 242.9
Rexahn Pharmaceuticals Inc NYSE RNN 1.03 51.8% 14.7% 1.85 0.31 15,612,375 183.3

These two U.S. biotechnology stocks are featured as top stocks of the day based on their price performance during previous trading sessions. These stocks recorded a strong price gain momentum during the past two trading session with significant volumes.

Pernix Therapeutics Holdings (NASDAQ: PTX), a specialty pharmaceutical company focused on the sales, marketing and development of branded and generic pharmaceutical products for pediatric and adult indications in a range of therapeutic areas, gained more than 50% during its past two trading sessions gaining more than 15% in each of the two consecutive days. During its last trading session, the stock powered 15% higher closing at $6.43 with significant trading volumes of 6.0 million shares. During its past 5-trading sessions, PTX surged 48.2% with 5-day average volume of 2.8 million shares compared to 1-month daily average volume of 722,270 shares.

Rexahn Pharmaceuticals Inc (NYSE: RNN), a development-stage biopharmaceutical company focused on the development of cures for cancer to patients, jumped more than 30% during its past two trading sessions climbing more than 14% in each of the two consecutive days. During its last trading session, the stock powered 14.7% higher closing at $1.03 with significant trading volumes of 15.6 million shares. During its past 5-trading sessions, RNN surged 28.4% with 5-day average volume of 4.4 million shares compared to 1-month daily average volume of 4.2 million shares.

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