Wednesday, June 23, 2010

Notable Percentage Gainers (SUF, ETRM, ARNA, RNN)

SulphCo, Inc. (AMEX:SUF) added 63% to $0.44 on 6.18 million shares. The company on Wednesday announced that it has entered into an agreement with Enterprise Products Partners L.P. (NYSE: EPD) to install a mobile Sonocracking unit at Enterprise’s natural gas liquids fractionation facility located in Mont Belvieu, Texas for the purpose of evaluating the commercial scale performance of SulphCo’s Sonocracking technology on certain Enterprise natural gasoline streams produced at the facility.
EnteroMedics Inc. (NASDAQ:ETRM) soared 17.36% to $0.71 on 11.11 million shares. EnteroMedics Inc. (EnteroMedics) is a development-stage medical device company focused on the design and development of devices that use neuroblocking technology to treat obesity, its associated co-morbidities, and other gastrointestinal disorders.
Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) jumped 9.12% to $3.35 on 6.32 million shares following again of over 6% in yesterday’s session.
Rexahn Pharmaceuticals, Inc. (AMEX:RNN) advanced 9.25% to $1.88 on 2.51 million shares. Over the past one week, the stock has soared over 62%.Rexahn Pharmaceuticals, Inc. (Rexahn) is a clinical stage biopharmaceutical company developing and seeking to deliver cures for cancer and disorders of the central nervous system (CNS) to patients worldwide.

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