Unusual 11 Mid-Day Movers 08/11: (PIP) (CQB) (BSPM) Higher; (SIGA) (DVR) (AMTX) Lower
PharmAthene, Inc. (NYSE: PIP) % HIGHER; announced that on August 8, 2014, the Delaware Court of Chancery issued a Memorandum Opinion and awarded to PharmAthene lump sum expectation damages for the value of PharmAthene's lost profits for SIGA Technologies, Inc.'s smallpox antiviral, Tecovirimat (formerly known as ST-246 and Arestvyr™). In addition, the Court ordered SIGA to pay prejudgment interest and varying percentages of PharmAthene's reasonable attorneys' and expert witness fees.
SIGA Technologies, Inc.'s (Nasdaq: SIGA) 35.6% LOWER; see PharmAthene above.
Chiquita Brands Inc. (NYSE: CQB) 31.1% HIGHER; the Cutrale Group, one of the most highly regarded agribusiness and juice