Orexigen Therapeutics, Inc. (NASDAQ:OREX) is down 8.59% this morning at $4.15. OREX has traded 2.3 million shares so far today, well above its daily average of 1.6 million shares. An FDA spokesman said companies working on weight-loss treatments are unlikely to be affected by an advisory panel’s recommendation for heart risk studies. The company has a market cap of 272.32 million.
Cosi Inc. (NASDAQ:COSI) is down 6.97% today at $1.0699. COSI has traded 288 thousand shares already this morning, already above its daily average of 276 thousand shares. COSI shares are down $0.20 a share in the past three days. The company has a market cap of 54.22 million. [Read more...]