Questor Facing Government Investigation and 1 Stock Falling to a 52-Week Low
Questcor Pharmaceuti (NASDAQ:QCOR) is facing a U.S. government investigation in regards to its promotional practices. The Company will cooperate during the investigation. Representatives for the company are unable to give further information about the situation, unless it is through potential public Regulation FD-compliant disclosures. The shares closed at $19.08, down $11.05 or 36.67% on the day. They have traded in a 52-week range of $22.26 to $58.91.
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Research In Motion (NASDAQ:RIMM): Because there is no near field communication technology, or NFC, in the iPhone 5 (NASDAQ:AAPL), will prompt rival handset makers compete to become priority partners for the launching of NFC-enabled apps to make them stand out, DigiTimes reports. Samsung (SSNLF) has won more partner projects concerning NFC in Europe and Asia, and RIM (NASDAQ:RIMM) has topped its competitors in the establishment of NFC ties in the business sector. the report adds. The shares closed at $6.30, down $0.15 or 2.33% on the day. They have traded in a 52-week range of $6.33 to $24.74.
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