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June 8th, 2005
Stocks Dip on White House Forecast
Among local movers, shares of Arrowhead Research Corp. jumped 14 percent to $2.44 after the Pasadena-based nanotechnology development company announced it anticipated a profit of $21 million if 10.4 million in outstanding warrants are exercised before they expire by June 15. The company would use the funds for research and general working capital.
Arrowhead Research Corp.
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