Archive for December 17th, 2006

Pain Therapeutics Jumps Almost 8% on Higher Volume

Shares of Pain Therapeutics (PTIE) gained almost 8% on Friday as volume spiked more than 5 times the 3-month average daily volume. There were no news releases or other significant events that could be detected, except for an announcement Wednesday, December the 13th by the company regarding the initiation of a phase III clinical trial. [...]