Here are a few stocks to keep on your radar Thursday:
- Shares of Priceline.com (NASDAQ:PCLN) climbed more than 8% higher to $461.43 in early Thursday trading after the company said late Wednesday that it beat analysts fourth-quarter earnings estimates on revenue that rose 35%. RBC Capital raised its price target on the stock to $565 from $450.
- Salix Pharmaceuticals (NASDAQ:SLXP) shares plunged 21% after the company said early Thursday that it expected to receive a “complete response letter” from the Food and Drug Administration, suggesting the company’s new drug application for its irritable bowel syndrome treatment would not be approved in its current form.
- Royale Energy (NASDAQ:ROYL) was up more than 40% to $5.04 after the company said late Wednesday that it received an OK from a California county to begin production at new natural gas well. The well was immediately placed into production.
- Shares of Blue Dolphin Energy (NASDAQ:BDCO), which jumped nearly 50% on Wednesday, were up nearly 17% in early Thursday trading, as small-cap oil and gas names continued to gain higher this week in the wake of higher crude prices.
- WebMD (NASDAQ:WBMD) shares gained more than 7% after the company said late Wednesday that it beat fourth-quarter earnings and revenue expectations. The company also said fiscal 2011 earnings per share would beat the Street’s current forecast.
