Falling Stocks: VirnetX Holding Corporation(NYSEMKT:VHC), Orexigen Therapeutics, Inc.(NASDAQ:OREX), and GoPro Inc(NASDAQ:GPRO)

Posted by admin September 19, 2014 0 Comment 1048 views

New York, NY – 09/19/2014 –  HotStockGains provides investors  and traders with valuable trading strategies via text message and email. To join our free text message alerts service just text the word BREAKOUT to 555888 from your cell phone. Just text STOP to unsubscribe if you ever need to.

VirnetX Holding Corporation(NYSEMKT:VHC) lost $2.25 to fall to a closing price of $5.37. The stock also traded for as little as $4.18 during the day, a new 52 week low for the Nevada-based software and technology solutions company. VirnetX Holding Corporation(NYSEMKT:VHC) was downgraded by Gilford Securities on Thursday following the news that the company’s patent claim worth $368.2 million against Apple had been thrown out by the United States Court of Appeals for the Federal Court.

Orexigen Therapeutics, Inc.(NASDAQ:OREX) suffered a 1.41% decrease in value yesterday as the stock fell seven cents to move to a closing price of $4.89. The company traded within a range of $4.82 to $5.00 during the day after opening at a price of $5.00. Orexigen Therapeutics, Inc.(NASDAQ:OREX) presented at the Bank of America Merrill Lynch Global Healthcare Conference in London yesterday. The stock lost an additional five cents during after-hours trading.

GoPro Inc(NASDAQ:GPRO) saw its value decline by 1.82% yesterday on an eighty-nine cent loss. The company’s new closing price of $66.33 places the stock just $8.09 below its 52 week high of $71.42. GoPro Inc(NASDAQ:GPRO) currently has a market capitalization of $8.47 billion and 126.01 million tradeable shares. The company currently has a bid price of $65.90 and an offer price of $66.58 x 200. GoPro maintained its value during after-hours training.

About HotStockGains

I have a confession to make – I am not always right. Sometimes, unfortunately, I will send alerts that experience losses.

I have alerted companies that rallied 100% or even 6,000% (not even joking) in under a week. Likewise, I have alerted companies that tanked 10, 20, sometimes even as much as 30 or 40%. However overall it is about the net result that delivers profits into your portfolio.

Sign up for my free newsletter to receive market insight, tips, and trading strategies on NYSE, NASDAQ, OTCBB and PINK stocks. If you are not satisfied, simply click unsubscribe.

Disclosure:  HotStockGains is not a registered investment adviser and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Always seek help from a professional financial advisor (I am not one). Please visit http://hotstockgains.com/disclaimer/ for complete risks and disclosures.

Write Your Comment