Hot Stock’s Alert: Verizon Communications Inc. (NYSE:VZ), Array Biopharma Inc (NASDAQ:ARRY)

On Friday, Shares of Verizon Communications Inc. (NYSE:VZ), 0.27% and closed at $51.98 in the last trading session. The last trading range of the stock ranges between $51.96 and $52.57. Indiana First Lady Karen Pence is hosting her third annual HopeLine from Verizon phone drive to assist survivors of domestic violence in Indiana during the month of October.

“HopeLine from Verizon is an incredible program, and I trust that these donations over the next month will make a noticeable difference for survivors of domestic violence across the state,” said First Lady Karen Pence. “I am very grateful for the efforts of state employees. Last year, they dropped off 1,367 phones in HopeLine boxes around the government center campus. I am looking forward to watching our progress throughout the month of October as we continue to work together to make a difference and bring awareness to domestic violence.”

Last year, state employees donated more than 1,300 devices in HopeLine collection boxes stationed in the downtown state government campus. The drive is considered to be one of the longest successive HopeLine collections in the nation.

This year, more than 70 state government agencies are expected to be participating. Older phones, chargers and tablets are accepted from any carrier and in any condition. Consumers also can donate year-round at Verizon company stores.

Array Biopharma Inc (NASDAQ:ARRY), jumped 8.17% and closed at $6.75 in the last trading session. The last trading range of the stock ranges between $6.18 and $6.84. The company’s Market capitalization is $1.18 Billion with the total Outstanding Shares of 162.09 Million. Array BioPharma Inc. (ARRY) declared recently the closing of its underwritten public offering of 21,160,000 shares of its common stock, which includes 2,760,000 shares of common stock issued upon the exercise in full of the option to purchase additional shares granted to the underwriters, at a public offering price of $6.25 per share. The total gross proceeds from the offering are $132.25 million, before underwriting discounts and commissions and offering expenses.

J.P. Morgan Securities LLC and Cowen and Company, LLC acted as joint book-running managers for the offering.  Stifel and Wells Fargo Securities, LLC acted as lead managers and SunTrust Robinson Humphrey, Inc. acted as co-manager.

The shares were sold following an effective shelf registration statement filed with the Securities and Exchange Commission (the “SEC”). This press release does not constitute an offer to sell, or the solicitation of an offer to buy, these securities, nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale is not permitted.

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