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AOL, Inc. (NYSE:AOL) augmented 7.68% to $36.31 on a traded volume of 1.13 million shares. The Company reported fourth quarter net income of $0.41 per share compared to $0.23 per share in the previous year period. The consensus estimate was for EPS of $0.41.
Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) surged up 1.84% to $8.87. The Company is scheduled to present a corporate overview at two upcoming investor conferences at The Waldorf Astoria in New York City. The Company will present at 15th Annual BIO CEO & Investor Conference Presentation on February 12, 2013. The Company will present at Leerink Swann Global Healthcare Conference Presentation on February 13, 2013.
Boyd Gaming Corporation (NYSE:BYD) increased 3.35% to $8.02 on a traded volume of 711k shares. The stock is up as New Jersey moves closer to becoming one of the first states to legalize online gambling. New Jersey Governor Chris Christie came out in support of online gambling and said that he would favor a slightly revised version of a proposed state bill to legalize Internet gambling. The bill would allow for Atlantic City casinos to run gambling websites for players physically located in the state, as well as permit users in other states with legalized online gambling accessing the sites.
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