Oct 23, 2013

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Active Morning Gainers: Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA), Forest Oil Corporation (NYSE:FST) Noranda Aluminum (NYSE:NOR) and Gigamon (NASDAQ:GIMO)

Active Morning Gainers: Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA), Forest Oil Corporation (NYSE:FST) Noranda Aluminum (NYSE:NOR) and Gigamon (NASDAQ:GIMO)

Gigamon (NASDAQ:GIMO) prices follow-on offering of 5.1 million shares of common stock at $38.50 per share. The company declared on Tuesday the pricing of its follow-on public offering of 5,100,000 shares of its common stock at a price to the public of $38.50 per share. The company is offering 300,000 shares and certain selling stockholders are offering 4,800,000 shares.

Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) shares have gained 10.88% to $3.26. Over the last twelve months, the stock has lost -85.91% and past five days performance showed negative change of -18.91%. The stock daily volume was 14.11M as compared to average volume of 13.94M.

ARIAD Pharmaceuticals, Inc. (ARIAD) is a global oncology company focused on the discovery, development and commercialization of medicines for the cancer patients.

Forest Oil Corporation (NYSE:FST) shares have lost -9.14% to $4.97. Over the last twelve months, the stock has lost -42.81% and past five days performance showed negative change of -7.62%. The stock daily volume was 12.26M as compared to average volume of 4.94M.

AForest Oil Corporation (Forest) is an independent oil and gas company engaged in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in North America.

Noranda Aluminum (NYSE:NOR) declares new CFO. The company declared the nomination of Dale W. Boyles as its new Chief Financial Officer, effective November 5, 2013. Ahead of joining Noranda, Mr. Boyles was Operating CFO for Hanesbrands (HBI).

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