Pre-Market Review: Celgene Corp., Forest Laboratories Inc., Peregrine Pharma Inc., and Edwards Lifesciences Corp.
LONDON, October 31, 2013 /PRNewswire/ --
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On Wednesday, October 30, 2013, all three benchmark indexes of the US equity market declined, with the Dow Jones Industrial Average, the S&P 500, and the NASDAQ Composite falling by 0.39%, 0.49%, and 0.55%, respectively. Shares in the healthcare sector ended on a negative note, tracking losses in the broader market. The major movers in the sector included Celgene Corporation (NASDAQ: CELG), Forest Laboratories Inc. (NYSE: FRX), Peregrine Pharmaceuticals Inc. (NASDAQ: PPHM), and Edwards Lifesciences Corporation (NYSE: EW). AAAResearchReports.com initiated preliminary technical research on CELG, FRX, PPHM, and EW. These free reports are accessible by signing today at:
Celgene Corp.'s stock plummeted on Wednesday, tracking losses in the broader market. The company's shares closed the day at $151.32, down 2.57%, after oscillating between $150.31 and $157.00 during the trading session. A total of 3.25 million shares were traded, which is above the daily average volume of 2.57 million. The company's shares have advanced 4.09% in the previous three months, compared to a gain of 4.59% in the S&P 500 during the same period. Further, Celgene Corp.'s stock is trading above its 50-day and 200-day averages of $149.76 and $126.29, respectively. The free technical analysis on CELG is available by signing up at:
On Wednesday, Forest Laboratories Inc.'s stock ended the session 0.89% lower than the previous day's price of $47.23. The company's shares oscillated between $46.51 and $47.29 before closing the day at $46.81. A total of 1.61 million shares were traded, which is above the daily average volume of 1.31 million. Despite Wednesday's pullback, the company's shares have gained 6.95% in the previous three months and 9.39% in the last one month, outperforming the S&P 500, which has gained 4.59% and 4.86% during the respective periods. Additionally, Forest Laboratories Inc.'s stock is trading above its 50-day and 200-day moving averages of $43.83 and $40.33, respectively. Register now to download free research on FRX at:
Shares in Peregrine Pharmaceuticals Inc. declined on Wednesday, as the U.S. equity market posted losses. The company's shares closed the day 2.27% lower at $1.29 after trading between $1.29 and $1.33 during the trading session. A total of 1.98 million shares were traded, which is above the daily average volume of 1.09 million. The company's shares have fallen by 6.86% in the previous three trading sessions, compared to a gain of 0.20% in the S&P 500 during the same period. Moreover, Peregrine Pharmaceuticals Inc.'s stock is trading below its 50-day and 200-day moving averages of $1.40 and $1.51, respectively. A free report on PPHM can be accessed by registering at:
On Wednesday, Edwards Lifesciences Corp.'s stock plummeted 5.11%, tracking losses in the broader market. The company's shares ended the day at $66.29 after fluctuating between $65.73 and $67.40 during the trading session. A total of 5.19 million shares were traded, which is significantly above the daily average volume of 1.25 million. The company's shares have declined 4.80% in the previous one month, underperforming the S&P 500, which has gained 4.86% during the same period. Furthermore, Edwards Lifesciences Corp.'s stock is trading below its 50-day and 200-day moving averages of $72.47 and $75.24, respectively. Register with AAA Research Reports and download research on EW for free at:
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