E Today’s Top Trending Stocks - Tuesday, Mar. 7

Other stocks have also caught attention today. Aurinia Pharmaceuticals (AUPH) has tested new highs for the year. As of Tuesday afternoon, shares of Aurinia ran up to $7.23 close to the end of the lunch hour. Much of the activity in the stock seems to be based on the company’s announcement of Voclosporin and its late-breaking abstract had been accepted for oral presentation at the National Kidney Foundation Spring Clinical Meetings that will be held in April. "We're pleased that the AURA-LV 48-week data have been accepted for a late-breaking oral presentation and look forward to sharing these important results with the nephrology scientific and medical communities," said Richard M. Glickman, Aurinia’s Chief Executive Officer.

From a more long-term perspective (days versus hours), Adamis Pharmaceuticals (ADMP) has been rebounding ever since the pull back it saw in late February. In fact, since hitting lows of $3.20 on February 27, the stock has climbed by 25% to highs of $4 on Tuesday. Earlier this year the company announced that the U.S. FDA accepted the company’s new drug application for its Epinephrine Pre-filled Syringe.  This has been seen as favorable by the public especially considering that firms covering the stock list ADMP as a “Strong Buy” with a consensus price target of $7.50 as of the date of this article. 

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