What Does The Future Hold For These Rising Stocks? Exelixis, Inc.(NASDAQ:EXEL), LifeVantage Corp(NASDAQ:LFVN), and Microvision, Inc.(NASDAQ:MVIS)
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Exelixis, Inc.(NASDAQ:EXEL) rose 3.97% during Friday’s trading, gaining $0.16 to close at $4.19. The increase in value came in response to the company’s second quarter earnings report, which included revenues that exceeded expectations. Nevertheless, the stock remains $4.22 below its 52 week high of $8.41. The San Francisco-based company, which develops small molecule therapies for the treatment of cancer, has seen its value fluctuate since closing at $3.25 on July 10th, 2014.
LifeVantage Corp(NASDAQ:LFVN) gained four cents during Friday’s trading to close at $1.34, a 3.08% increase in value from the previous closing price. The stock’s value remains just twenty-four cents above its 52 week low of $1.10. On June 6th, LifeVantage announced that the company’s President and Chief Executive Officer, Douglas C. Robinson, had been elected to the Direct Selling Association’s Board of Directors. The company also appointed Jeffrey Bean to become its new Managing Director in Japan on June 16th.
Microvision, Inc.(NASDAQ:MVIS) gained six cents to close at $2.02. The stock traded withn a range of $1.95 to $2.06 during the day. The Washington-based display technology developer remains $0.99 above its 52 week low of $1.03. On July 30th, MicroVision announced it would report its second quarter 2014 financial results on August 6th, 2014. The company’s main product is the PicoP® display technology, which functions as a laser projection solution for various electronics.
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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.
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