Pre-Market Review: Vertex Pharma Inc., Orexigen Therapeutics Inc., MAKO
Surgical Corp., and Alere Inc.
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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:
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
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:
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
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:
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