Early Briefing and Review: Arena Pharma Inc., Geron Corp., Incyte Corp., and Spectrum Pharma Inc.
LONDON, November 22, 2013 /PRNewswire/ --
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On Thursday, November 21, 2013, all three benchmark indexes of the US equity market edged higher with the S&P 500, the Dow Jones Industrial Average, and the NASDAQ Composite rising 0.81%, 0.69%, and 1.22%, respectively. Shares in the biotechnology industry ended on a higher note, tracking gains in the broader market. The major movers in the sector included Arena Pharmaceuticals Inc. (NASDAQ: ARNA), Geron Corporation (NASDAQ: GERN), Incyte Corporation (NASDAQ: INCY), and Spectrum Pharmaceuticals Inc. (NASDAQ: SPPI). AAAResearchReports.com has released free charting and technical research on these aforementioned companies. Register to read these reports at:
On Thursday, shares in Arena Pharmaceuticals Inc. surged, as the broader market posted gains. The company's shares closed the day 4.19% higher at $5.72, after trading between $5.46 and $5.72. A total of 4.53 million shares were traded, which is below the daily average volume of 5.37 million. The company's shares have gained 2.60% in the previous three trading sessions and 30.30% in the last one month, outperforming the S&P 500, which has advanced 0.24% and 2.93% during the respective periods. Further, Arena Pharmaceuticals Inc.'s stock is trading above its 50-day moving average of $4.99. Sign up for free report on ARNA at:
Geron Corp.'s stock surged 3.07% on Thursday, to end the day at $5.20, up from the previous day's closing price of $5.05. The company's shares oscillated between $5.05 and $5.24 during the trading session. A total of 2.30 million shares were traded, which is below the daily average volume of 4.03 million. The company's shares have rallied 25.30% in the last one month and 258.62% in the previous three months, outperforming the S&P 500, which has gained 2.93% and 9.32% during the respective periods. Additionally, Geron Corp.'s stock is trading above its 50-day and 200-day moving averages of $3.75 and $1.92, respectively. GERN free technical report can be accessed by signing up at:
On Thursday, Incyte Corp.'s stock finished at $47.94, which is 2.37% higher than the previous day's closing price of $46.83. The company's shares vacillated between $46.92 and $48.41 during the trading session. A total of 1.07 million shares were traded, which is below the daily average volume of 2.06 million. The company's shares have gained 28.97% in the last one month and 33.02% in the previous three months, outperforming the S&P 500, which has gained 2.93% and 9.32% during the respective periods. Moreover, Incyte Corp.'s stock is trading near its 52-week high of $48.45 and above its 50-day and 200-day moving averages of $39.04 and $27.66, respectively. A free report on INCY can be accessed by registering at:
Shares in Spectrum Pharmaceuticals Inc. fluctuated between $9.31 and $9.50 before ending Thursday's session 0.11% higher at $9.36. A total of 0.47 million shares were traded, which is below the daily average volume of 0.83 million. The company's shares have gained 13.04% in the last one month and 22.83% in the previous three months, outperforming the S&P 500, which has gained 2.93% and 9.32% during the respective periods. Furthermore, Spectrum Pharmaceuticals Inc.'s stock is trading above its 50-day and 200-day moving averages of $8.68 and $8.47, respectively. Register with AAA Research Reports and download research on SPPI for free at:
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