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Chelsea Therapeutics International Ltd. (NASDAQ: CHTP) shares declined 8.14 percent to close at $2.82 a share Monday. The stock traded between $2.71 and $3.07 on volume of 2.14 million shares traded. The company announced that the FDA “has identified certain technical deficiencies in the resubmission” of the New Drug Application for NORTHERA.
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Elan Corporation, plc (NYSE: ELN) shares gained 3.55 percent to close at $15.46 a share Monday. The stock traded between $15.32 and $15.92 on volume of 114.49 million shares traded. The company has agreed to be acquired by Perrigo Co. for approximately $8.6 billion. Shares of Elan have gained approximately 51.0 percent year-to-date.
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Intersil Corp. (NASDAQ: ISIL) shares increased 4.54 percent to close at $9.21 a share Monday. The stock traded between $9.00 and $9.32 on volume of 2.15 million shares traded. The company announced rebalancing initiatives that include reducing its workforce by approximately 150 employees. Shares of Intersil have gained approximately 11.0 percent year-to-date.
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Novavax, Inc. (NASDAQ: NVAX) shares increased 0.80 percent to close at $2.51 a share Monday. The stock traded between $2.50 and $2.63 on volume of 1.59 million shares traded. The company reported positive preclinical data for its virus-like particle (VLP) vaccine candidate against A(H7N9) influenza. Shares of Novavax have gained approximately 32.8 percent year-to-date.
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