On Friday, Shares of Sarepta Therapeutics Inc (NASDAQ:SRPT),subtract -6.42% and closed at $57.89 in the last trading session. The last trading range of the stock ranges between $55.72 and $61.99. The company’s Market capitalization is $2.87 Billion with the total Outstanding Shares of 52.89 million. During the 52-week trading session the minimum price at which share price traded, registered at $8.00 and reached to max level of $63.73. CureDuchenne, a nonprofit dedicated to funding research and improving patient care for Duchenne muscular dystrophy, will host a webinar with Sarepta Therapeutics, Inc. (SRPT) on October 11 at 1 p.m. ET/10 a.m. PT to provide the Duchenne community an overview of Sarepta’s patient support program, SareptAssist.
The webinar will address patient referrals, consideration for starting therapy, case administration process and financial assistance programs. The webinar will be presented by Dan Madden, Director of Patient Services, Sarepta Therapeutics, and moderated by Dr. Mike Kelly, CureDuchenne’s Chief Scientific Officer.
Duchenne muscular dystrophy is a fatal genetic disease that causes muscle degeneration and affects 1 in 3,500 boys. Boys with Duchenne are usually diagnosed by age 5, lose their ability to walk by age 12 and most don’t survive their mid-20s. CureDuchenne offered early funding and support to Sarepta Therapeutics that contributed to the development of eteplirsen.
Harvest Natural Resources, Inc. (NYSE:HNR), jumped 7.06% and closed at $0.910 in the last trading session. The last trading range of the stock ranges between $0.87 and $1.05. The company’s Market capitalization is $50.07 million with the total Outstanding Shares of 51.39 million. During the 52-week trading session the minimum price at which share price traded, registered at $0.30 and reached to max level of $1.60. Harvest Natural Resources, Inc. (Harvest or the Company) (HNR) has sold all of its Venezuelan interests in a closing that became effective this morning. The closing occurred in accordance with Harvest’s formerly declared share purchase agreement dated June 29, 2016 among Harvest, its partner HNR Energia B.V. and CT Energy Holding SRL. Delta Petroleum N.V., as a permitted assignee, fulfilled CT Energy’s obligations under the share purchase agreement. Harvest’s stockholders approved the transaction on September 15, 2016.
At the closing, Harvest received $80 million in cash, a $12 million six-month 11% note payable to Harvest by the purchaser, and cancellation of $30 million in debt owed by Harvest to CT Energy. Harvest used part of this cash consideration to pay the remaining debt it owed to CT Energy and for other expenses and adjustments associated with the transaction. Net cash proceeds received after paying the above closing adjustments and other expenses was $69.4 million. Also at the closing, CT Energy relinquished its 8,667,597 shares of Harvest common stock, which will be held as treasury shares, and agreed to terminate the warrant, issued in June 2015, to purchase up to an additional 34,070,820 shares of Harvest common stock. With the return of the shares held by CT Energy, Harvest now has 44,318,567 outstanding shares.
On the other hand share Alibaba Group Holding Ltd (NYSE:BABA), lost -1.00% and closed at $106.00 in the last trading session. The last trading range of the stock ranges between $105.56 and $107.55. The company’s Market capitalization is $259.59 Billion with the total Outstanding Shares of 2.47 Billion. During the 52-week trading session the minimum price at which share price traded, registered at $59.25 and reached to max level of $109.87. Alibaba Group Holding Limited, through its auxiliaries, operates as an online and mobile commerce company in the People’s Republic of China and internationally. It operates Taobao Marketplace, an online shopping destination; Tmall, a third-party platform for brands and retailers; Juhuasuan, a sales and marketing platform for flash sales; Alibaba.com, an online wholesale marketplace; Alitrip, an online travel booking platform; 1688.com, an online wholesale marketplace; and AliExpress, a consumer marketplace. The company also provides pay-for-performance and display marketing services through its Alimama marketing technology platform; Taobao Ad Network and Exchange (TANX), a real-time bidding online marketing exchange in China; and data administration platform through TANX for marketers to execute their campaigns with proprietary and tailored data. In addition, it offers cloud computing services, counting elastic computing, database, storage and content delivery network, large scale computing, security, and administration and application services through its Alibaba Cloud Computing platform; Web hosting and domain name registration services; payment and escrow services; and develops and operates mobile Web browsers.