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RF Micro Devices Inc. (NASDAQ: RFMD) shares closed down 6.01 percent on nearly 14 million shares traded on Thursday. The stock was one of the biggest decliners on the NASDAQ. The company had no significant news reported. Last November Huawei, a leading global information and communications technology (ICT) solutions provider, presented RFMD with Huawei's Supplier of the Year Award for 2013.
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Cannabis Sativa, Inc. (OTCBB: CBDS) shares closed up 186.67 percent on Thursday with about 80,000 shares traded. The stock hit a 52-week high of $3.00 during intra-day trading and was one of the biggest gainers in the OTCBB marketplace. The company announced that on January 1, 2014, it has signed an agreement to purchase a patent pending for a new, super potent medicinal cannabis strain. The agreement also provides CBDS with an option to purchase KUSH, Inc., the owner of the patent pending, for an additional $1 million. The strain, called CTA, has been under review by the US Patent Office since April 30, 2010, and is expected to be issued a patent soon.
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Star Scientific, Inc. (NASDAQ: STSI) shares closed down 12.07 percent on about 4.7 million shares traded on Thursday. The stock was one of the biggest decliners in the NASDAQ. The company announced that they will hold a conference call for investors on January 15, 2014, to discuss recent developments and the Company's plans going forward. In addition, an investor meeting, which was first referenced in a press release issued on November 7, 2013, will be held in Sarasota, Florida, in the first quarter. A dial-in number for the January 15 meeting, along with other details, will be provided as the meeting date approaches.
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Taomee Holdings Ltd. (NYSE: TAOM) shares closed up 20.20 percent on Thursday with about 740,000 shares traded. The stock was one of the biggest gainers on the NYSE. Taomee Holdings Limited operates as children’s entertainment and media company in the People's Republic of China. It operates in two segments, Online Business and Offline Business. The company had no significant news to explain the unusual breakout.
Get more information on Taomee Holdings Ltd. and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/TAOM
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