Market Technicals Simplified: Inovio Pharma, Sequenom, Nektar Therapeutics, and Discovery Laboratories
LONDON, January 16, 2014 /PRNewswire/ --
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On Wednesday, January 15, 2014, the U.S. equity market advanced, as the S&P 500 ended the day at 1,848.38, up 0.52%; the Dow Jones Industrial Average closed at 16,481.94, up 0.66%; and the NASDAQ Composite finished at 4,214.88, up 0.76%. The S&P 500 Health Care Sector Index edged 0.14% lower to close the session at 659.40; and the same has gained 6.17% in the last one month and 11.06% in the previous three months, outperforming the S&P 500, which has gained 4.12% and 8.85% during the respective periods. The major movers in the Health Care Sector included Inovio Pharmaceuticals Inc. (NYSE MKT: INO), Sequenom Inc. (NASDAQ: SQNM), Nektar Therapeutics (NASDAQ: NKTR), and Discovery Laboratories Inc. (NASDAQ: DSCO). All these companies are tracked by AAAResearchReports.com. Free technical research on INO, SQNM, NKTR, and DSCO can be downloaded upon signing up at:
Inovio Pharmaceuticals Inc.'s stock edged 0.41% lower on Wednesday, even as the broader market posted gains. The company's shares ended the day at $2.44, after oscillating between $2.40 and $2.50 during the trading session. A total of 2.42 million shares were traded, which is below the daily average volume 4.30 million. Despite Wednesday's decline, the company's shares have surged 28.42% in the previous three months and 23.23% in the last one month, outperforming the S&P 500, which has gained 8.85% and 4.12% during the respective periods. Moreover, Inovio Pharmaceuticals Inc.'s stock is trading above its 50-day and 200-day moving averages of $2.19 and $1.54, respectively. Sign up and read the complimentary report on INO at:
Sequenom Inc.'s stock surged on Wednesday, closing the day at $2.74, up 6.20% from the previous day's closing price of $2.58. The company's shares vacillated between $2.56 and $2.78 during the trading session. A total of 3.00 million shares were traded, which is above the daily average volume of 2.90 million. The company's shares have gained 28.64% in the previous one month and 5.38% in the last three trading sessions, outperforming the S&P 500, which has gained 4.12% and 0.33% during the respective periods. Additionally, Sequenom Inc.'s stock is trading above its 50-day moving average of $2.34. The free report on SQNM can be downloaded by signing up now at:
Shares in Nektar Therapeutics advanced 0.23% on Wednesday, finishing the day at $13.16, after fluctuating between $12.96 and $13.32 during the trading session. A total of 0.68 million shares were traded, which is below the daily average volume of 0.81 million. The company's shares have surged 24.98% in the previous one month and 37.37% in the last three months, outperforming the S&P 500, which has gained 4.12% and 8.85% during the respective periods. Further, Nektar Therapeutics's stock is trading above its 50-day and 200-day moving averages of $11.29 and $11.15, respectively. A free report on NKTR can be accessed by registering at:
On Wednesday, shares in Discovery Laboratories Inc. surged 4.55%, ending the day at $2.53, after vacillating between $2.43 and $2.56 during the trading session. A total of 1.01 million shares were traded on Wednesday, which is above the daily average volume of 0.72 million. Discovery Laboratories Inc.'s shares have gained 4.12% in the previous three trading sessions and 19.91% in the last one month, outperforming the S&P 500, which has gained 0.33% and 4.12% during the respective periods. Furthermore, the company's stock is trading above its 50-day and 200-day moving averages of $2.21 and $1.93, respectively. Register with AAA Research Reports and download research on DSCO for free at:
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