Orient Paper Inc (NYSE:ONP) advanced 50.88% to $7.68 on 3.97 million shares despite the broader market fall. The stock opened today at $5.85 but gained momentum in the late session trade. Today, the stock has been trading in the range of $5.80-$7.79. The company is the holding company for Hebei Baoding Orient Paper Milling Company Limited (HBOP), a producer and distributor of paper products in China.OXiGENE, Inc. (NASDAQ:OXGN) plunged 16.15% to $0.327 on 1.04 million shares. The stock today made its new 52-week low of $0.29 on heavy volumes. The company is a clinical-stage biopharmaceutical company developing therapeutics to treat cancer and eye diseases. OXiGENE’s primary focus is the development of product candidates referred to as vascular disrupting agents.
Molecular Insight Pharmaceuticals, Inc. (NASDAQ:MIPI) lost 12.20% to $1.44. The company announced that it has received a fourth extension of its waiver agreement with its Bond holders, allowing debt restructuring discussions to progress. Molecular Insight Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical company. It focuses on the discovery, development and commercialization of targeted therapeutic and imaging radiopharmaceuticals for use in oncology.
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