08.08.2013 14:00:00
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Today's Research: Elan Corp. PLC, Amarin Corp. PLC, Seattle Genetics Inc., and Cubist Pharmaceuticals Inc.
LONDON, August 8, 2013 /PRNewswire/ --
On Wednesday, August 7, 2013, all three benchmark indexes closed lower, with the Dow Jones Industrial Average falling 0.31%, the S&P 500 falling 0.38%, and the NASDAQ declining 0.32%. Shares in healthcare companies also ended mostly lower. The major movers included Elan Corp. PLC (NYSE: ELN), Amarin Corp. PLC (NASDAQ: AMRN), Seattle Genetics Inc. (NASDAQ: SGEN), and Cubist Pharmaceuticals Inc. (NASDAQ: CBST). AAAResearchReports.com has completed its technical analysis on ELN, AMRN, SGEN, and CBST and these free reports are accessible by registering at:
http://www.aaaresearchreports.com/register/
Shares in Elan Corp. PLC ended slightly higher on Wednesday, extending their gains from the last trading session. The company's shares ended the day 0.13% higher at $15.74 after oscillating between $15.68 and $15.79. A total of 7.83 million shares were traded, which is below the daily average volume of 13.73 million. The stock has gained 11.55% in the last one month and 36.87% in the last three months. Moreover, the stock is currently trading near its 52-week high of $15.92. Sign up for free technical research on ELN at:
http://www.AAAResearchReports.com/ELN080813.pdf
Shares in Amarin Corp. PLC fell sharply on Wednesday, ending the day at $5.27, down 2.77% from the previous closing price. The company's shares fluctuated between $5.13 and $5.46. A total of 6.65 million shares were traded, which is above the daily average volume of 3.68 million. The stock has lost 11.58% in the past one month and 24.82% in the last three months. Further, Amarin Corp.'s shares are currently trading below their 50-day and 200-day moving averages. Be sure to read our latest technical research on AMRN by registering at:
http://www.AAAResearchReports.com/AMRN080813.pdf
Shares in Seattle Genetics Inc. moved lower on Wednesday. The company's shares oscillated between $41.25 and $42.68 before ending the session 1.22% lower at $42.03. A total of 0.83 million shares were traded, which is below the daily average volume of 1.03 million. Despite Wednesday's sharp decline, Seattle Genetics' shares have gained 20.40% in the last one month, outperforming the S&P 500 which has gained 3.62% during the same period. Sign up and read the complimentary report on SGEN at:
http://www.AAAResearchReports.com/SGEN080813.pdf
Cubist Pharmaceuticals Inc.'s stock struggled on Wednesday. The company's shares hit an intra-day low of $61.41 before finishing the day 2.30% lower at $61.54. A total of 0.76 million shares were traded, which is below the daily average volume of 1.12 million. Despite the recent pullbacks, the company's shares have gained 13.71% in the last one month and are trading above their 50-day and 200-day moving averages. The free report on CBST can be downloaded by signing up now at:
http://www.AAAResearchReports.com/CBST080813.pdf
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SOURCE AAA Research Reports
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