Otelco Inc. (NASDAQ:OTT) is down 39.32% today at $7.30. OTT has traded 1.2 million shares in early trading, way above its daily average of 66 thousand shares. OTT shares are getting pummeled today on non-renewal of Time Warner contract.
Nabi Biopharmaceuticals (NASDAQ:NABI) is down 14.59% this morning at $1.58. NABI has traded 1.3 million shares so far today, well above its daily average of 188 thousand shares. Nabi Biopharmaceuticals and Biota Holdings announced merger to form Biota Pharmaceuticals this morning. The company has a market cap of 67.13 million. [Read more...]