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Galena Biopharma, PharmAthene Gapping Up Monday

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

  • Galena Biopharma (NASDAQ:GALE) closed the previous trading session at $1.29, gapping up to open at $1.48 today. The stock price is up 9.3% with a volume of 3.2 million.
  • PharmAthene (AMEX:PIP) opened at $1.75 after closing the previous trading session at $1.56, gapping up. Trading at a volume of 504,776, the stock price is up 2.6%. Over the last three months, the stock has gained 32 cents (25%) from a price of $1.28 on March 7, 2012. The stock is trading 12.1% above its 50-day moving average and 7.7% above its 200-day moving average.