HEADLINE STOCKS-U.S. small/midcap stocks on the move on June 18

(For large-cap stocks on the move, click on [WATCH/US])

(Updates share movement)

June 18 (BestGrowthStock) – Some small and midcap stocks on the
move Friday:

SMART MODULAR TECHNOLOGIES (SMOD.O: ), $6.82, up 5 pct

Shares of the chipmaker rose a day after it posted
third-quarter results that blew past Wall Street expectations
and forecast a strong fourth quarter. [ID:nSGE65H0GH]

ADOLOR CORP (ADLR.O: ), $1.30, down 13 pct

The biopharmaceutical company on Thursday said its
experimental drugs to reduce pain for patients with
osteoarthritis failed to meet their main goal in a mid-stage
trial. [ID:nSGE65G0I4]

ALKERMES INC (ALKS.O: ), $12.45, up 8 pct

Shares of the drug developer rose a day after U.S. health
regulators informed it of an advisory panel meeting on Sept. 16
to review its opioid dependence drug. [ID:nSGE65H0H8] .

LINCARE HOLDINGS INC (LNCR.O: ), $30.42, down 6 pct

Jefferies & Co downgraded the oxygen supplier to “hold”
from “buy,” saying there is likely to be a cut in reimbursement
rate from the Centers for Medicare & Medicaid Services.
[ID:nSGE65H0GY]

NMT MEDICAL INC (NMTI.O: ), $0.71, up 28 pct

The company’s shares recovered part of previous day’s loss
on Friday, a day after they lost 80 percent to a lifetime low
after the company’s stroke therapy device failed to meet its
main goal in a trial.[ID:nSGE65G0HX]

CREDIT ACCEPTANCE CORP (CACC.O: ), $48.50, up 3 pct

The auto lender said it will buy back up to 4 million
shares at $50 apiece, a premium of 6 percent to its Thursday
close. [ID:nSGE65H0ET]

Stock Market Analysis

(Reporting by Shailesh Kuber in Bangalore)

HEADLINE STOCKS-U.S. small/midcap stocks on the move on June 18