Bellerophon Therapeutics (BLPH) Momentum In a Row; Luna Innovations (LUNA) Greenlights Share Buyback Plan

Bellerophon_Therapeutics_BLPH

The price of Bellerophon Therapeutics, Inc. (Nasdaq:BLPH) stock continued an impressive upward move for second day in a row on no news, touching the $4.58 mark during Thursday’s trading session and finally closing at $3.01, up $1.04 (or +52.79%) with a total volume of 6,105,011 shares traded, representing a large increase in activity versus its average volume (3m) of 22,131

A month ago, the clinical-stage biotherapeutics company reported that its first quarter 2016 net loss decreased by 45% to ($7.1) million from ($12.9) million in the same period the prior year

Bellerophon Therapeutics, which focuses on developing innovative products combining novel drugs and devices in the treatment of cardiopulmonary diseases, has 13.48M Shares Outstanding, Market Capitalization (intraday) of $40.56M and BLPH stock 52-week range is from $1.09 to $9.40 per share

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Luna_Innovations_LUNA

Luna Innovations Inc. (Nasdaq:LUNA) shares closed in positive territory by 3.67% (or +0.04) at $1.13 on Thursday.

After the closing bell, the optical technology company said that its board has approved a stock buyback program of up to $2 million, sending its shares up in extended trading

Luna Innovations, which develops high speed optics and high performance fiber optic test products, has 27.48M Shares Outstanding, Market Capitalization (intraday) of $31.05M and LUNA stock one-year range is between $0.74 and $1.30 per share

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