These 4 Stocks are Enjoying a Green Day

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Next up, we’ve got IntelliPharmaCeutics Intl Inc (USA) (NASDAQ:IPCI), which was a big gainer in morning trading, as its shares have risen by over 15% on the day. The push for the stock came about after favorable results the its bioequivalence studies between Rexista Oxycodone XR and Purdue Pharma’s Oxycontin (oxycodone hydrochloride). The study was based on FDA recommendations and the metrics obtained were within the range required by the agency.

Chao Ku‘s Nine Chapters Capital Management was the only shareholder of IntelliPharmaCeutics Intl Inc (USA) (NASDAQ:IPCI) in our database on September 30, reporting a position of 12,900 shares in its latest 13F filing.

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Finally, among the big gainers today is Tuesday Morning Corporation (NASDAQ:TUES). Shares of the retailer are 7% in the green after CEO Steven R. Becker bought 487,530 shares of the stock at an average price of $5.12 per share. The vote of confidence from the CEO appears to have spurred other investors to buy shares of the company.

13 funds in our system held shares of Tuesday Morning Corporation (NASDAQ:TUES) on September 30, down by three funds over the quarter, and they amassed 17.8% of the float. Phill Gross and Robert Atchinson‘s Adage Capital Management was the largest shareholder among those 13, with 3.57 million shares valued at $19.31 million.

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Disclosure: None

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