Aviat Networks, Somaxon Pharmaceuticals Gapping Up Thursday

These stocks gapped up today and had open prices sharply higher than the previous trading day's close:

  • Aviat Networks (NASDAQ:AVNW) closed the previous trading session at $2.63, gapping up to open at $2.94 today. Trading at a volume of 148,162, the stock price is up 12.2%. The stock has been on an upward trajectory over the last two months, climbing 56 cents (23.4%) from a price of $2.39 on March 6, 2012. The stock has moved up across its 50-day moving average of $2.67 today.
  • Somaxon Pharmaceuticals (NASDAQ:SOMX) opened at 39 cents after closing the previous trading session at 34 cents, gapping up. While trading at a volume of 208,542, the stock price has risen 2.1%. The stock is trading at 76.7% of its 50-day moving average and 55.5% of its 200-day moving average.