NEW YORK, NY / ACCESSWIRE / May 23, 2016 / The Stock Expert is issuing a report on four stocks that are performing well today. XNPT, CLRB, BBEP and XGTI are on high volume alert. Continue reading to find out why. - To get daily alerts on the hottest stocks on the Nasdaq/NYSE subscribe to our newsletter at TheStockExpert.com.

Xenoport, Inc. (NASDAQ: XNPT) XNPT is a biopharmaceutical company that focuses on developing and commercializing a portfolio of product candidates for the treatment of neurological and other disorders in the United States.

Shares of XNPT are trading higher today by over 56.50%, soaring to $6.89 in share price off massive volume after announcing that Arbor Pharmaceuticals will buy the biopharmaceutical company in a deal valued at around $467 million.

Under the terms of the deal, Arbor will buy all of XenoPort's outstanding shares for $7.03 a share.

Not long after the announcement, Levi & Korsinsky, LLP announced an investigation as to whether the sale of Xenoport is fair at $7.03 per share for the shareholders.

We will continue to follow XNPT as the news comes in to see what the investigation digs up.

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Cellectar Biosciences, Inc. (NASDAQ: CLRB) The company is a biopharmaceutical company, develops compounds for the treatment, diagnosis, and imaging of cancer.

After nosediving through most of 2016, over the last two trading days, CLRB has not only seen a massive spike in share price but has also been the beneficiary of a surge in volume.

Shares of CLRB were up 393% from its 52 week low just 3 trading days ago, after hitting $4.93 for its HOD (high of day) and is still up over 12.75% on the day.

The stock jumped 200% after announcing that it received patent identification numbers for cancer targeting drug vehicles, the presumed catalyst for the quick rise in share price.

This is great news for the struggling biotech, however, with an RSI (relative strength index) of over 72, CLRB is showing signs of a slight pull back, already giving back over $1.00 in share price intra-day today.

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Breitburn Energy Partners LP (NASDAQ: BBEP) The company is an independent oil and gas partnership that acquires, exploits, and develops oil, natural gas liquids (NGLs), and natural gas properties in the United States.

After shares of BBEP fell off a cliff in mid-May, after announcing that the company filed Chapter 11, the stock was trading at 52 week lows.

However, since then, the stock has been the beneficiary of some great technicals and has regained over half of its losses and has traded higher in each of the last 4 trading days.

Shares are trading higher today by over 52% making stronger gains through the day, off massive volume, and with an RSI (relative strength index) of just over 31, there's still plenty of room for BBEP to trade higher before hitting overbought levels.

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xG Technology, Inc. (NASDAQ: XGTI) The company engages in the development of communication technologies for wireless networks worldwide.

Shares of XGTI are trading higher today by almost 100% off over 17 times its average volume.

After hitting highs of $0.2890, XGTI has cooled off a bit, however, is still holding on to near triple digit gains in just one day.

While XGTI's RSI (relative strength index) is over bought at 73, We look forward to see what XGTI can do this week with this kind of momentum.

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