Monday, December 20, 2010

NASDAQ Top 5 Gainers; ICGN, ARNA, KUTV, EDAP, ALLB


POINT ROBERTS, Wash., December 20, 2010 - www.InvestorIdeas.com, a global investor research portal, reports on the top 5 gainers on the NASDAQ.com as of mid day trading .
The NASDAQ was up over 15 points at the time of the release.  Top 5 gainers include: ICGN, ARNA, KUTV, EDAP, and ALLB.
Alliance Bancorp, Inc. of Penns (NasdaqGM: ALLB ) trading at $8.50, up 1.00 (13.33%) 12:16PM EST
Arena Pharmaceuticals, Inc. (NasdaqGM: ARNA ) trading at $2.02, up 0.37 (22.42%) 2:18PM EST
EDAP TMS S.A. (NasdaqGM: EDAP) trading at $5.78, up 0.60 (11.58%) 2:01PM EST
Ku6 Media Co., Ltd. (NasdaqGM: KUTV ) trading at $6.20, up 0.72 (13.14%) 1:29PM EST
Icagen, Inc. (NasdaqGM: ICGN ) trading at $2.08, up 0.63 (43.45%) 2:12PM EST
Market Snapshot (at time of release)
Dow 11,504.59 +12.68 +0.11% 
NASDAQ 2,658.66 +15.69 +0.59% 
S&P 500 1,249.91 +6.00 +0.48% 
10 Yr Bond (%) 3.3220% -0.0080 
Oil 88.66 +0.65 +0.74%
Gold 1,386.50 +7.90 +0.57%

Biotech Company Snapshot:
About Arena Pharmaceuticals
Arena is a clinical-stage biopharmaceutical company focused on discovering, developing and commercializing oral drugs that target G protein-coupled receptors, an important class of validated drug targets, in four major therapeutic areas: cardiovascular, central nervous system, inflammatory and metabolic diseases. Arena's most advanced drug candidate, lorcaserin, is intended for weight management. Arena's wholly owned subsidiary, Arena Pharmaceuticals GmbH, has granted Eisai Inc. exclusive rights to market and distribute lorcaserin in the United States following FDA approval of the New Drug Application for lorcaserin.
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