This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Acura Pharmaceuticals, Ramtron: Early Volume Plays

NEW YORK (TheStreet) -- Acura Pharmaceuticals (ACUR) was among several stocks trading near $5 poised to move on above-average volume Friday, one day after regulators rejected its abuse-resistant painkiller.

Acura Pharmaceuticals fell more than 40% in Thursday's after-market session after the Food and Drug Administration voted 19-1 against Acurox, which combines oxycodone with niacin.

TheStreet's Adam Feuerstein wrote in a live blog that panel members found that Acura's data failed to convincingly show that benefits of including niacin outweighed negative effects of the vitamin, which include flushing in patients and other irritations.

Acura shares, which closed Wednesday at $5.90 and were halted during Thursday's session, were down sharply to $3.27 ahead of Friday's open. The 50-day average daily volume for Acura Pharmaceuticals is 171,000, according to the Nasdaq.

Ramtron International (RMTR), on the other hand, jumped by 9.8% to $3.69 in Thursday's after-market session after the semiconductor company notched a first-quarter profit of 2 cents a share, swinging from a year-ago loss of 24 cents a share. Revenue climbed 51% from a year ago to $15.8 million. The 50-day average daily volume for Ramtron is 114,000.

Elsewhere, Local.com (LOCM) rose by 24 cents, or 3.3%, to $7.49 in the premarket session after the local search Web site swung to a first-quarter adjusted profit of 16 cents a share, 3 cents better than analysts had expected. Revenue jumped 68% from a year ago to $18.6 million, which was also better than consensus.

Looking ahead, Local.com offered better-than-expected earnings and revenue guidance for the second quarter and full year. The 50-day average daily volume for Local.com is 93,000.

Cheniere Energy (LNG) was set to move on increased volume after the company agreed to sell its 30% limited partner interest in Freeport LNG Development to Zachry American Infrastructure for net proceeds of approximately $104 million, which will be used to reduce debt. The three-month average daily volume for Cheniere Energy is 749,000, according to Yahoo! Finance.

-- Written by Robert Holmes in Boston.

Check out all of Friday's high-volume, under-$5 stocks at the Dollar Store. View the Dollar Store portfolio on StockPickr.

Follow Robert Holmes on Twitter and become a fan of TheStreet.com on Facebook.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,098.45 +18.88 0.11%
S&P 500 2,003.37 +6.63 0.33%
NASDAQ 4,580.2710 +22.5760 0.50%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs