Northern,WI  1/28/2013 (BasicsMedia) – Its amazing what good news does for a company. We reported in an article this morning some good news about Keryx Biopharmaceuticals Inc. and while not due to our reporting, the company has good on a steep rise trading almost 55 times it normal daily average and thus comes back as one of our daily volume movers.

In response to a releasing a very positive report shares of clinical-stage biopharmaceutical company Keryx Biopharmaceuticals (NASDAQ: KERX  ) reached all time highs up as much as 99% after reporting positive late-stage data on its kidney disease drug, Zerenex.

Zerenex, which targets hyperphosphatemia — a complication that occurs at end-stage renal disease and can lead to calcification of the arteries leading to the heart — performed remarkably well in trials. As my Foolish colleague Keith Speights noted, Zerenex “Reduced patients’ mean serum phosphorus levels by 0.3 mg/DL during the four-week efficacy assessment period, while patients taking placebo saw their levels go up by 1.9 mg/DL.” No one expected this much statistical success from Zerenex, which met many of its secondary endpoints as well, and the company is now readying to file for approval in the second quarter.

Still trading strong for over two weeks now we once again find Research In Motion Limited (RIMM). Research has traded almost double its daily average again today. Only time will tell if the company can make it back to become a leader in the cell phone world as it once was.

The maker of the BlackBerry smartphone is promising a speedy browser, a superb typing experience and the ability to keep work and personal identities separate on the same phone, the fruit of a crucial, long-overdue makeover for the Canadian company.

Thorsten Heins, chief executive of Research In Motion Ltd., will reveal the first phone with the new BlackBerry 10 system in New York on Wednesday. It will come with a marketing campaign that includes a Super Bowl ad. Repeated delays have left the once-pioneering BlackBerry an afterthought in the shadow of Apple’s trend-setting iPhone and Google’s Android-driven devices.

Most Social Media gamers know all about Zynga (ZNGA).  The online gamer seems to be on a roll the last month making a small comeback trading over 3 times its daily average and going up in value over 10% today. This trend has been going on since around November of last year.

 

Disclaimer:  We have no position in any stock mentioned here.

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