Technical Scrutiny: Novavax Inc., MannKind Corp., Galena Biopharma Inc., and Ariad Pharma Inc. Editor Note: For more information about this release, please scroll to bottom.
LONDON, September 10, 2013 /PRNewswire/ --
On Monday, September 9, 2013, the Dow Jones Industrial Average gained 0.94%, while the S&P 500 and the NASDAQ Composite finished the day 1.00% and 1.26% higher. Shares in the healthcare sector ended mostly on a higher note as the broader market posted sharp gains. The major movers in the sector included Novavax Inc. (NASDAQ: NVAX), MannKind Corporation (NASDAQ: MNKD), Galena Biopharma Inc. (NASDAQ: GALE), and Ariad Pharmaceuticals Inc. (NASDAQ: ARIA). AAAResearchReports.com has tracked NVAX, MNKD, GALE, and ARIA. These reports can be seen for free at:
On Monday, Novavax Inc.'s stock surged by 3.70% after hitting a new 52-week high of $3.47 as the US equity market rose sharply. The company's shares fluctuated between $3.25 and $3.47 before ending the day at $3.36. A total of 3.05 million shares were traded, which is above the daily average volume of 2.37 million. The company's shares have rallied by 78.72% in the last three months and 44.83% in the last one month, compared to a gain of 1.72% and a loss of 1.17% in the S&P 500 during the respective periods. Moreover, the stock is currently trading above its 50-day and 200-day moving averages. Download free research on NVAX by signing up now at:
Shares in MannKind Corp. rose sharply on Monday, tracking gains in the broader market. The company's shares oscillated between $5.80 and $6.00 before ending the day at $5.98, which is 2.05% higher than the previous day's price of $5.86. A total of 4.33 million shares were traded, which is below the daily average volume of 8.89 million. Despite the gains on Monday, the company's stock has lost 1.16% in the last three trading sessions, underperforming the S&P 500 which has gained 1.13% during the same period. Further, MannKind Corp.'s stock is trading above its 200-day moving averages of $4.48. Register for today's free analysis on MNKD at:
Galena Biopharma Inc.'s stock moved higher on Monday, before closing the day at $2.41, up 1.26% from the previous day's closing price of $2.38. The company's shares oscillated between $2.38 and $2.47 during the trading session. A total of 1.19 million shares were traded, which is below the daily average volume of 1.67 million. The company's shares have surged by 9.05% in the last three months and 23.59% in the last one month, outperforming the S&P 500 which gained 1.72% and lost 1.17% during the respective periods. Moreover, the company's shares are trading above its 50-day and 200-day moving averages of $2.03 and $2.05, respectively. A free report on GALE can be accessed by registering at:
Shares in Ariad Pharmaceuticals Inc. slipped on Monday, even as the broader market rose sharply. The company's shares fluctuated between $21.65 and $22.90 before closing the day 2.06% lower at $21.85. A total of 5.91 million shares were traded, which is more than the daily average volume of 2.38 million. The company's shares have surged by 15.67% in the last three months and 18.56% in the last one month, outperforming the S&P 500 which has gained 1.72% and lost 1.17% during the respective periods. Furthermore, the company's shares are trading above its 50-day and 200-day moving averages of $19.02 and $19.33, respectively. Register with AAA Research Reports and download research on ARIA for free at:
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