Volume Spike Investor

Level 3 Communications Inc. (NASDAQ: LVLT) is soaring in after-hours trading.  The company disclosed a contract with an initial 20 year term and a minimum revenue target of $140 million over the first four years of the deal.  Level 3 stock is up 10% at $1.43 as of 4:53 PM EST, and that is after [...]

Star Scientific, Inc. (NASDAQ: STSI) is getting beaten worse than any red-headed step child could imagine.  Shares are down a whopping 77% at $0.95 in early trading.  The company had an adverse patent ruling in a tobacco case that is costing the company. Its prior 52-week trading range was $1.06 to $5.89. At 8:48 AM [...]

Savient Pharmaceuticals, Inc. (NASDAQ: SVNT) is this morning’s head honcho.  The company announced last night that an FDA panel had decided to recommend backing for its new gout drug KRYSTEXXA by a vote of 14 to 1.  This is not a formal approval but it tips the scale more toward a likely approval from the [...]