Market Overview

Stocks To Watch For January 2, 2015

Stocks To Watch For January 2, 2015
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Some of the stocks that may grab investor focus today are:

MiMedx Group, Inc. (NASDAQ: MDXG) reported that it has filed a federal lawsuit against Organogenesis. The company also announced that the Office of Inspector General of the Department of Health and Human Services is investigating the company's sales and marketing activities. MiMedx Group shares dipped 9.37% to $10.45 in the after-hours trading session.

Shares of NephroGenex, Inc. (NASDAQ: NRX) jumped 187.10% on Wednesday after the company reported positive results for QT study of Pyridorin. NephroGenex shares slipped 3% to $12.95 in after-hours trading.

General Motors Co (NYSE: GM) reported that it has redeemed all 156.1 million outstanding shares of its Series A Preferred Stock. The company will take around $0.8 billion charge in the fourth quarter of 2014 for redemption of shares. General Motors shares slipped 0.23% to $34.83 in the after-hours trading session.

Shares of Meadowbrook Insurance Group Inc. (NYSE: MIG) climbed 18.65% on Wednesday after the company agreed to be acquired by Fosun International Limited (OTC: FOSUF) for $8.65 per share in cash. Meadowbrook Insurance shares closed at $8.46 on Wednesday.

LSB Industries Inc. (NYSE: LXU) reported that on December 28, 2014, its chemical plant facility in Cherokee, Alabama resumed production. LSB Industries declined 1.04% to close at $31.44 on Wednesday.

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