Star Scientific Shares Shoot the Moon
Star Scientific (Nasdaq:STSI) makes tobacco products and tobacco curing processes that reduce the amount of carcinogens in the final product. The company recently announced that it had received a letter regarding its ongoing patent infringement case with R.J. Reynolds (Nasdaq:RAI). Shares of Star rose over 27% today most likely due to the letter potentially having news that favors Star Scientific in the case.