Pre-Market Review: Vertex Pharma Inc., Orexigen Therapeutics Inc., MAKO Surgical Corp., and Alere Inc.
Pre-Market Review: Vertex Pharma Inc., Orexigen Therapeutics Inc., MAKO Surgical Corp., and Alere Inc. Editor Note: For more information about this release, please scroll to bottom. PR Newswire LONDON, October 21, 2013 LONDON, October 21, 2013 /PRNewswire/ -- The U.S. equity market posted gains on Friday, October 18, 2013. All three benchmark indexes edged higher, with the S&P 500, the Dow Jones Industrial Average, and the NASDAQ Composite gaining 0.65%, 0.18% and 1.32% respectively. Shares in the healthcare sector mostly ended on a higher note, tracking gains in the broader market. The major movers in the sector included Vertex Pharmaceuticals Inc. (NASDAQ: VRTX), Orexigen Therapeutics Inc. (NASDAQ: OREX), MAKO Surgical Corporation (NASDAQ: MAKO), and Alere Inc. (NYSE: ALR). AAAResearchReports.com initiated preliminary technical research on VRTX, OREX, MAKO, and ALR. These free reports are accessible by signing today at: http://www.aaaresearchreports.com/register/ On Friday, shares in Vertex Pharmaceuticals Inc. edged higher, extending the gains from the previous trading session. The company's shares fluctuated between $74.96 and $78.00 before finishing the day 0.26% higher at $77.06. A total of 2.23 million shares were traded, which is marginally below the daily average volume of 2.24 million. The company's shares have advanced 5.06% in the previous three trading sessions, compared to a gain of 2.73% in the S&P 500 during the same period. Further, Vertex Pharmaceuticals Inc.'s stock is trading above its 50-day and 200-day moving averages of $76.49 and $68.21, respectively. The free technical analysis on VRTX is available by signing up at: http://www.AAAResearchReports.com/VRTX102113.pdf Shares in Orexigen Therapeutics Inc. plummeted on Friday, finishing at $5.74, down 3.53% from the previous day's closing price of $5.95. The company's shares fluctuated between $5.59 and $6.05 during the trading session. A total of 1.19 million shares were traded, which is marginally above the daily average volume of 1.18 million. The company's shares have gained 2.87% in the previous three trading sessions, compared to a gain of 2.73% in the S&P 500 during the same period. Additionally, Orexigen Therapeutics Inc.'s stock is trading below its 50-day and 200-day moving averages of $6.57 and $6.27, respectively. Register now to download free research on OREX at: http://www.AAAResearchReports.com/OREX102113.pdf On Friday, MAKO Surgical Corp.'s shares posted marginal gains, ending the day at $29.76, which is 0.07% higher than the previous day's closing price of $29.74. The company's shares fluctuated between $29.71 and $29.78 during the trading session. A total of 1.55 million shares were traded, which is below the daily average volume of 1.93 million. MAKO Surgical Corp.'s shares have rallied 128.92% in the previous three months and 81.91% in the last one month, outperforming the S&P 500, which has gained 3.10% and 2.02% during the respective periods. Moreover, the company's stock is trading near its 52-week high of $29.89 and also above its 50-day and 200-day moving averages of $20.51 and 13.98, respectively. A free report on MAKO can be accessed by registering at: http://www.AAAResearchReports.com/MAKO102113.pdf Alere Inc.'s stock advanced 0.22% on Friday, tracking gains in the broader market. The company's shares closed the day at $31.71, after oscillating between $31.50 and $32.10 during the trading session. A total of 0.48 million shares were traded, which is below the daily average volume of 0.65 million. The company's shares have surged 13.90% in the previous three months, outperforming the S&P 500, which has advanced 3.10% during the same period. Further, Alere Inc.'s stock is trading above its 50-day and 200-day moving averages of $31.62 and $26.66, respectively. Register with AAA Research Reports and download research on ALR for free at: http://www.AAAResearchReports.com/ALR102113.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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