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Achillon, Cyclacel: Early Volume Plays

NEW YORK ( TheStreet) -- Several stocks trading under $5 were poised to move on above-average volume during Monday's session.

Cyclacel Pharmaceuticals (CYCC - Get Report) jumped by 18 cents, or 6%, to $3.18. Cycacel began its surge last week after a lung-cancer drug had successful laboratory tests reported in two industry journals. The 50-day average daily volume for Cyclacel is 3.5 million, according to the Nasdaq.

Achillion Pharmaceuticals (ACHN - Get Report) was among the most active pre-market trades, jumping by 46 cents, or 13.5%, to $3.85 in the premarket session on Monday, after the company reported additional positive results for a hepatitis C drug. The 50-day average daily volume for Achillon is 444,000, according to the Nasdaq.

SciClone Pharmaceuticals (SCLN - Get Report) spiked 32 cents, or close to 13%, to $2.85 in the premarket session after the biotech firm lifted its sale guidance for 2010 -- a 15% increase. The 50-day average daily volume for SciClone is 320,000, according to the Nasdaq.

Tuesday Morning (TUES - Get Report) rose by 71 cents, or 23%, to $3.74 in the premarket session, after the closeout retailer announced higher quarterly earnings and a positive outlook for the next quarter. The 50-day average daily volume for Tuesday Morning is 199,000, according to the Nasdaq.

-- Written by Eric Rosenbaum in New York.

Check out all of Monday's high-volume, under-$5 stocks at the Dollar Store
Copyright 2009 Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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ACHN $7.93 0.00%
CYCC $0.37 0.00%
SCLN $13.09 0.00%
TUES $7.37 0.00%
AAPL $93.24 0.00%


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S&P 500 2,050.63 -0.49 -0.02%
NASDAQ 4,717.0940 -8.5450 -0.18%

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