Today's Research: Pfizer Inc., Merck & Co. Inc., AbbVie Inc., and Zogenix Inc.
Today's Research: 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, November 14, 2013 LONDON, November 14, 2013 /PRNewswire/ -- The U.S. equity market edged higher on Wednesday, November 13, 2013. The S&P 500 ended the day at 1,782.00, up 0.81%; the Dow Jones Industrial Average closed at 15,821.63, up 0.45%; and the NASDAQ Composite finished at 3,965.58, up 1.16%. Shares in the drug manufacturers - major industry ended on a mixed note, even as the broader market edged higher. The major movers in the industry included Pfizer Inc. (NYSE: PFE), Merck & Co Inc. (NYSE: MRK), AbbVie Inc. (NYSE: ABBV), and Zogenix Inc. (NASDAQ: ZGNX). AAAResearchReports.com has completed their technical analysis on PFE, MRK, ABBV, and ZGNX and these free reports are accessible by registering at: http://www.aaaresearchreports.com/register/ Pfizer Inc.'s stock rose 1.56% on Wednesday, closing the day at a new 52-week high of $31.87. The company's shares oscillated between $31.28 and $31.87 during the trading session. A total of 27.16 million shares were traded, which is above the daily average volume of 25.31 million. The company's shares have gained 8.88% in the previous three months and 10.97% in the last one month, outperforming the S&P 500, which has advanced 5.18% and 4.63% during the respective periods. Furthermore, Pfizer Inc.'s stock is trading above its 50-day and 200-day moving averages of $29.54 and $28.84, respectively. Sign up for free technical research on PFE at: http://www.AAAResearchReports.com/PFE111413.pdf Shares in Merck & Co Inc. fell by 0.53% on Wednesday, finishing at $47.34 after fluctuating between $46.65 and $47.37 during the trading session. A total of 14.16 million shares were traded, which is above the daily average volume of 13.78 million. The company's shares have gained 1.15% in the previous three trading sessions, outperforming the S&P 500, which has gained 0.64% during the same period. Despite Wednesday's decline, Merck & Co Inc.'s stock is trading above its 50-day and 200-day moving averages of $47.15 and $46.32, respectively. Be sure to read our latest technical research on MRK by registering at: http://www.AAAResearchReports.com/MRK111413.pdf AbbVie Inc.'s stock posted gains to end the day at $47.85, which is 0.78% higher than the previous day's closing price of $47.48. The company's shares vacillated between $47.29 and $49.93 during the Wednesday's trading session. A total of 3.74 million shares were traded, which is below the daily average volume of 4.56 million. The company's shares have advanced 6.50% in the previous three months and 4.82% in the last one month, outperforming the S&P 500, which has gained 5.18% and 4.63% during the respective periods. Moreover, AbbVie Inc.'s stock is trading above its 50-day and 200-day moving averages of $46.70 and $43.27, respectively. Sign up and read the complimentary report on ABBV at: http://www.AAAResearchReports.com/ABBV111413.pdf On Wednesday, Zogenix Inc.'s stock plummeted 3.04%, even as the broader market edged higher. The company's shares ended the day at $2.72 after fluctuating between $2.68 and $2.80 during the trading session. A total of 1.65 million shares were traded, which is above the daily average volume of 1.43 million. Despite Wednesday's losses, the company's shares have surged 16.03% in the last one month and 68.63% in the previous three months, outperforming the S&P 500 which has gained 4.63% and 5.18% during the respective periods. Further, Zogenix Inc.'s stock is trading above its 50-day and 200-day moving averages of $2.27 and $1.77, respectively. The free report on ZGNX can be downloaded by signing up now at: http://www.AAAResearchReports.com/ZGNX111413.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. 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