Transition Therapeutics (TTHI) Gains Despite NASDAQ Notice

Transition Therapeutics Inc.

shares flew 3.9% to 81 cents, on notification from NASDAQ this week that because the bid price of the Company's common shares for the previous 30 consecutive trading days had closed below the minimum $1.00 per share required for continued listing on the NASDAQ. Share volume was 7,700, compared to an all-day average of 52,000