Wednesday, July 2, 2014

StemCells (STEM) Spikes Up... Why?

StemCells (STEM) spiked to its 52-week high of $2.35 this morning (02014.07.02). I don't know why, but Briefing.com did have a posting stating "Brinson Patrick initiated STEM coverage with 'Market Outperform' rating." Who is Brinson Patrick?

STEM closed yesterday (02014.07.01) at $2.00. It opened today at $2.19 and spiked to $2.35. Right now (7:35am MST) STEM is at $2.23. Volume is already 7.15 million vs. a full day average of 2.01 million.

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