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New York, NY -- (ReleaseWire) -- 01/08/2013 --Perion Networks Ltd. (NASDAQ: PERI), operating as a digital media company, is seeing a huge rally in mid-day trading today after the company announced its revenue estimates for 2012 and guidance for 2013. The company said that it expects 2012 revenue at $61 million, up 64% from 2011. For 2013, the company expects revenue to exceed $110 million. EBITDA for 2013 is expected to be at least $26 million.

PERI is currently trading 23.92% higher at $11.71 on volume of 1.67 million, which is more than ten times the daily average volume of 142,767. The stock rose to a 52-week high of $12.27 today. PERI has gained nearly 50% in the last three trading sessions.

Find out how this announcement could benefit PERI by getting the free full report here:

Cell Therapeutics Inc. (NASDAQ: CTIC), a company engaged in the development, acquisition and commercialization of treatments for cancer, is soaring in mid-day trading today. At last check, CTIC was trading 15.38% higher at $1.50 on volume of 13.36 million, which is ten times the daily average volume of 1.36 million.

CTIC had been trading sideways prior to today’s rally. The stock has broken through some key technical levels as a result of the rally today. This is a bullish signal. The bullish trend could continue if the stock breaks through $1.75 resistance level.

Find out if CTIC could maintain the momentum by getting the free full report here:

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