Pre-Market Review: ACADIA Pharma Inc., Cell Therapeutics Inc., Sarepta
Therapeutics Inc., and Medivation Inc.
Editor Note: For more information about this release, please scroll to bottom.
LONDON, October 21, 2013
LONDON, October 21, 2013 /PRNewswire/ --
On Friday, October 18, 2013, all three indexes of the US equity market posted
gains. The S&P 500 ended the day at 1,744.50, up 0.65%; the Dow Jones
Industrial Average closed at 15,399.65, up 0.18%; and the NASDAQ Composite
finished at 3,914.28, up 1.32%. Shares in the biotechnology industry mostly
edged lower, even as the broader market posted gains. The major movers in the
sector included ACADIA Pharmaceuticals Inc. (NASDAQ: ACAD), Cell Therapeutics
Inc. (NASDAQ: CTIC), Sarepta Therapeutics Inc. (NASDAQ: SRPT), and Medivation
Inc. (NASDAQ: MDVN). AAAResearchReports.com initiated preliminary technical
research on ACAD, CTIC, SRPT, and MDVN. These free reports are accessible by
signing today at:
On Friday, ACADIA Pharmaceuticals Inc.'s stock fell by 2.60%, even as the
broader market advanced. The company's shares closed the day at $23.99, after
vacillating between $23.04 and $25.17. A total of 3.10 million shares were
traded, which is above the daily average volume of 2.52 million. Despite
Friday's losses, the company's shares have gained 3.72% in the previous three
trading sessions and 19.83% in the last three months, outperforming the S&P
500, which has gained 2.73% and 3.10% during the respective periods.
Furthermore, ACADIA Pharmaceuticals Inc.'s stock is trading above its 50-day
and 200-day moving averages of $22.90 and $14.64, respectively. The free
technical analysis on ACAD is available by signing up at:
Cell Therapeutics Inc.'s stock surged on Friday, reversing most of the losses
from the previous trading session. The company's shares closed the day at
$1.83, up 2.23%, after fluctuating between $1.78 and $1.84 during the trading
session. A total of 1.72 million shares were traded, which is below the daily
average volume of 2.05 million. The company's shares have rallied 35.56% in
the last one month and 74.29% in the previous three months, outperforming the
S&P 500, which has gained 2.02% and 3.10% during the respective periods.
Moreover, Cell Therapeutics Inc.'s stock is trading above its 50-day and
200-day moving averages of $1.38 and $1.26, respectively. Register now to
download free research on CTIC at:
Shares in Sarepta Therapeutics Inc. plummeted on Friday, extending the losses
from the previous trading session. The company's shares traded between $42.42
and $46.27 before ending the day 6.58% lower at $43.02. A total of 2.72
million shares were traded, which is above the daily average volume of 2.14
million. Despite Friday's decline, Sarepta Therapeutics Inc.'s stock is
trading above its 50-day and 200-day moving averages of $40.02 and $35.50,
respectively. Additionally, the company's shares have fallen by 0.65% in the
last one month, compared to a gain 2.02% in the S&P 500 during the same
period. A free report on SRPT can be accessed by registering at:
On Friday, Medivation Inc.'s stock also plummeted to close at $50.82, down
3.71% from the previous day's closing price of $52.78. The company's shares
oscillated between $49.91 and $53.48 during the trading session. A total of
1.50 million shares were traded, which is above the daily average volume of
0.88 million. Despite Friday's pullback, the company's shares are up 1.34% in
the previous three trading sessions, compared to a gain of 2.73% in the S&P
500 during the same period. Furthermore, Medivation Inc.'s stock is trading
below its 50-day and 200-day moving averages of $56.83 and $53.00,
respectively. Register with AAA Research Reports and download research on MDVN
for free at:
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