Nasdaq Stocks Watch List: (NASDAQ: CBMX), (NASDAQ: GTIM)

New York -- CombiMatrix Corporation (NASDAQ:CBMX - News), a molecular diagnostics company, is soaring in mid-day trading today, extending its gains from the previous trading session. CBMX had rallied more than 316% on Friday after the company announced that a pair of studies published in a leading journal favor chromosomal microarray analysis (CMA) over traditional karyotyping for genetic prenatal diagnosis and genetic evaluation of stillbirths.

CBMX is currently trading 36.28% higher at $11.72 on volume of 2.14 million, which is substantially above the daily average volume of 50,512. Last week, CBMX had also announced last week that its stockholders approved second tranche of Series A Preferred Stock Financing. The company also announced a 1-for-10 reverse split of its common stock and Nasdaq-listed warrants.

Find out more about CBMX here:

Good Times Restaurants Inc. (NASDAQ:GTIM - News) is amongst the biggest losers on the NASDAQ in mid-day trading today. GTIM, which is a holding company for Good Times Drive Thru Inc., is currently down 11.31% to $2.43. Despite the losses in trading today, GTIM has gained nearly 30% in the last three trading sessions.

GTIM had rallied last Friday after reporting continued same store sales growth and completion of breakfast rollout. The stock has slipped as traders book profit after Friday’s rally. However, technical indicators for GTIM are still giving bullish signals, therefore the stock could rebound in the next few trading sessions.

Get the full free report on GTIM here:

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