Bojangles’ shares gain 12% in week, Cempra plummets
These were the best performing Carolinas-based stocks included in the Capital Investment Cos./Nottingham index of public companies for the week that ended Nov. 4.
Bojangles BOJA 11.7% – Biscuit maker’s profits topped estimates. Shares closed at $16.70; company went public at about $25 in May 2015.
INC Research Holdings INCR 9.5% – Clinical research organization’s earnings topped estimates.
ChannelAdvisor ECOM 8.2% – E-commerce company lost 10 cents a share, less than estimates of 12 cents. Shares trade for about $12, down from $48 in 2014.
Cempra CEMP (-59.2%) – Trading halted on Nov. 4 before FDA advisory panel later that day approved use of anti-pneumonia antibiotic. FDA fears it may cause liver damage.
Benefitsfocus BNFT (-22.3%) – Charleston, S.C.-based benefits software company said it lost $8.6 million in third quarter.
BioDelivery Sciences International BDSI (-18.8%) – Volatile shares of pharmaceutical company have declined 68% in last year.