Pre-Market Analysis: Pfizer Inc., Merck & Co. Inc., AbbVie Inc., and Zogenix Inc.
Pre-Market Analysis: Pfizer Inc., Merck & Co. Inc., AbbVie Inc., and Zogenix Inc. Editor Note: For more information about this release, please scroll to bottom. PR Newswire LONDON, October 25, 2013 LONDON, October 25, 2013 /PRNewswire/ -- The U.S. equity market posted gains on Thursday, October 24, 2013, with the S&P 500, the Dow Jones Industrial Average, and the NASDAQ Composite rising 0.33%, 0.62%, and 0.56%, respectively. Shares in major drug manufacturers mostly ended on a lower note, even as the broader market advanced. The major movers in the industry included Pfizer Inc. (NYSE: PFE), Merck & Company Inc. (NYSE: MRK), AbbVie Inc. (NYSE: ABBV), and Zogenix Inc. (NASDAQ: ZGNX). All these companies are tracked by AAAResearchReports.com. Free technical research on PFE, MRK, ABBV, and ZGNX can be downloaded upon signing up at: http://www.aaaresearchreports.com/register/ Pfizer Inc.'s shares ended Thursday's trading session 0.03% higher at $30.61, after fluctuating between $30.56 and $30.91. A total of 25.60 million shares were traded, which is below the daily average volume of 25.86 million. Pfizer Inc.'s shares have gained 6.62% in the last one month and 4.54% in the previous three months, outperforming the S&P 500, which has gained 3.22% and 3.92% during the respective periods. Furthermore, the company's stock is trading near its 52-week high of $31.15 and above its 50-day and 200-day moving averages of $28.78 and $28.54, respectively. Sign up and read the complimentary report on PFE at: http://www.AAAResearchReports.com/PFE102513.pdf Shares in Merck & Co. Inc. fell by 0.73% on Thursday, even as the broader market posted gains. The company's shares closed the day at $46.22, after trading between $46.19 and $46.86. A total of 11.20 million shares were traded, which is below the daily average volume of 12.94 million. Despite Thursday's losses, Merck & Co. Inc.'s stock is trading above its 200-day moving average of $46.12. Additionally, the company's shares have fallen by 0.62% in the previous three trading sessions, underperforming the S&P 500, which has gained 0.42% during the same period. The free report on MRK can be downloaded by signing up now at: http://www.AAAResearchReports.com/MRK102513.pdf AbbVie Inc.'s shares vacillated between $47.74 and $48.98 before ending the day 0.83% lower at $47.93. A total of 5.08 million shares were traded, which is above the daily average volume of 4.38 million. Despite Thursday's pullback, the company's shares have gained 4.24% in the last one month and 9.83% in the previous three months, outperforming the S&P 500, which has gained 3.22% and 3.92% during the respective periods. Further, AbbVie Inc.'s stock is trading near its 52-week high of $49.31 and above its 50-day and 200-day moving averages of $45.17 and $42.39, respectively. A free report on ABBV can be accessed by registering at: http://www.AAAResearchReports.com/ABBV102513.pdf On Thursday, Zogenix Inc.'s stock finished at $2.24, down 1.32% from the previous day's closing price of $2.27. The company's shares oscillated between $2.22 and $2.30 during the trading session. A total of 0.24 million shares were traded, which is below the daily average volume of 0.68 million. Despite Thursday's decline, the company's shares have surged 18.52% in the last one month and 45.45% in the previous three months, outperforming the S&P 500, which has gained 3.22% and 3.92% during the respective periods. Moreover, Zogenix Inc.'s stock is trading above its 50-day and 200-day moving averages of $1.96 and $1.68, respectively. Register with AAA Research Reports and download research on ZGNX for free at: http://www.AAAResearchReports.com/ZGNX102513.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. For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com. 6. Are you a public company? 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