Early Briefing and Review: Boston Scientific Corp., Abbott Laboratories, Zimmer Holdings Inc., and EnteroMedics Inc.
Early Briefing and Review: Boston Scientific Corp., Abbott Laboratories, Zimmer Holdings Inc., and EnteroMedics Inc. Editor Note: For more information about this release, please scroll to bottom. PR Newswire LONDON, September 20, 2013 LONDON, September 20, 2013 /PRNewswire/ -- On Thursday, September 19, 2013, the S&P 500 ended the day at 1,722.34, down 0.18%; the Dow Jones Industrial Average closed at 15,636.55, down 0.26%; while the NASDAQ Composite finished at 3,789.38, up 0.15%. Shares in medical appliances and equipment industry edged lower, even as the broader market fluctuated between gains and losses. The major movers in the sector included Boston Scientific Corporation (NYSE: BSX), Abbott Laboratories (NYSE: ABT), Zimmer Holdings Inc. (NYSE: ZMH), and EnteroMedics Inc. (NASDAQ: ETRM). AAAResearchReports.com has released free charting and technical research on these aforementioned companies. Register to read these reports at: http://www.aaaresearchreports.com/register/ On Thursday, Boston Scientific Corp.'s stock fell sharply to close at $11.74, down 1.59% from the previous day's closing price of $11.93. The company's shares vacillated between $11.72 and $11.98 during the trading session. A total of 13.38 million shares were traded, which is below the daily average volume of 16.92 million. Despite Thursday's sharp decline, the company's shares have advanced 6.82% in the last one month and 24.89% in the previous three months, outperforming the S&P 500 which has gained 4.63% and 5.73% during the respective periods. Additionally, Boston Scientific Corp.'s stock is trading above its 50-day and 200-day moving averages of $10.88 and $8.42, respectively. Sign up for free report on BSX at: http://www.AAAResearchReports.com/BSX092013.pdf Shares in Abbott Laboratories fell by 0.87% on Thursday, reversing some of the gains from the previous trading session. The company's shares closed the day at $35.34 after oscillating between $35.29 and $35.72. A total of 6.41 million shares were traded, which is below the daily average volume of 7.04 million. Despite Thursday's losses, the company's shares have advanced 0.94% in the previous three trading sessions and 1.32% in the last one month, compared to a gain of 1.46% and 4.63% in the S&P 500 during the respective periods. Furthermore, Abbott Laboratories stock is trading above its 50-day and 200-day moving averages of $35.25 and $34.88, respectively. ABT free technical report can be accessed by signing up at: http://www.AAAResearchReports.com/ABT092013.pdf On Thursday, Zimmer Holdings Inc.'s shares edged lower to end the day at $83.51, which is 0.30% lower than the previous day's closing price of $83.76. The company's shares fluctuated between $83.33 and $83.84 during the trading session. A total of 0.67 million shares were traded, which is below the daily average volume of 0.93 million. Despite Thursday's pullback, Zimmer Holdings Inc.'s shares have gained 4.87% in the last one month and 7.15% in the previous three months, outperforming the S&P 500 which has gained 4.63% and 5.73% during the respective periods. Moreover, the company's stock is trading above its 50-day and 200-day moving averages of $81.39 and $76.09, respectively. A free report on ZMH can be accessed by registering at: http://www.AAAResearchReports.com/ZMH092013.pdf EnteroMedics Inc.'s stock declined on Thursday, reversing some of the gains from the previous trading session. The company's shares ended the session 0.78% lower at $1.27 after trading between $1.23 and $1.32. A total of 0.91 million shares were traded, which is above the daily average volume of 0.71 million. Despite Thursday's decline, the company's stock is up 4.10% in the previous three trading sessions and 25.74% in the last one month, compared to a gain of 1.46% and 4.63% in the S&P 500 during the respective periods. Further, EnteroMedics Inc.'s stock is trading above its 50-day moving average of $1.09. Register with AAA Research Reports and download research on ETRM for free at: http://www.AAAResearchReports.com/ETRM092013.pdf ---- EDITOR NOTES: 1. This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below. 3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public. 4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com. 5. 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