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The Nasdaq Now: Life Partner Holdings (NASDAQ:LPHI) Up Over 100%


Research In Motion (NASDAQ:RIMM) is also up on the day.

MINYANVILLE ORIGINAL Protests in Greece and Spain appear to have unnerved investors, who send US equities down in mid-Wednesday trading. The Nasdaq Composite (INDEXNASDAQ:.IXIC) is down 0.71% to 3,095.58 on average volume of 807.25 million.

On this low-volume Jewish holiday trading session, Life Partners Holdings (NASDAQ:LPHI) soared 113.70% to $3.12 after a Texas judge ruled in favor of the insurance company in an accounting fraud lawsuit.

Research In Motion (NASDAQ:RIMM) also rises 3.41% to $6.83 after reporting on Tuesday that its BlackBerry subscriber base has grown by two million to more than 80 million.

NuPathe (NASDAQ:PATH) is among the day's biggest decliners, down 26.27% to $3.20. The pharmaceutical company announced it will sell $28 million worth of securities, priced at $2.00 per unit, which represents a 54% discount to the stock's Tuesday closing price.

Biofuel plant operator Gevo (NASDAQ:GEVO) drops 10.51% to $1.92 after receiving a Sell from Buy downgrade from UBS.

Highlighting the importance of talent is Fortinet (NASDAQ:FTNT). The network security company dips 4.19% to $24.76 after Yahoo (NASDAQ:YHOO) (+0.03% to $15.68) announced yesterday that it poached Fortinet's CFO, Ken Goldman.

Continued worries over iPhone 5 supply issues look to be sending Apple (NASDAQ:AAPL) down for a third day, with shares of the tech giant falling 1.22% to $665.35.

Twitter: @sterlingwong
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