Pre-Market Breakdown: Galena Biopharma Inc., Novavax Inc., Ariad Pharma Inc., and MannKind Corp.
LONDON, November 27, 2013 /PRNewswire/ --
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On Tuesday, November 26, 2013, the U.S. equity market ended on a higher note. The S&P 500 and the NASDAQ Composite gained 0.01% and 0.58%, respectively, while the Dow Jones Industrial Average ended flat. Shares in the biotechnology industry were mostly in the black as the broader market posted gains. The major movers in the industry included Galena Biopharma Inc. (NASDAQ: GALE), Novavax Inc. (NASDAQ: NVAX), Ariad Pharmaceuticals Inc. (NASDAQ: ARIA), and MannKind Corporation (NASDAQ: MNKD). All these companies are tracked by AAAResearchReports.com. Free technical research on GALE, NVAX, ARIA, and MNKD can be downloaded upon signing up at:
http://www.aaaresearchreports.com/register/
On Tuesday, shares in Galena Biopharma Inc. rallied to end the day at $3.88, which is 5.72% higher than the previous day's closing price of $3.67. The company's shares vacillated between $3.76 and $4.04 during the trading session. A total of 6.58 million shares were traded, which is above the daily average volume of 3.68 million. The company's shares have surged 73.99% in the last one month and 63.71% in the previous three months, outperforming the S&P 500, which has gained 2.44% and 8.81% during the respective periods. Moreover, Galena Biopharma Inc.'s stock is trading above its 50-day and 200-day moving averages of $2.38 and $2.21, respectively. Sign up and read the complimentary report on GALE at:]
http://www.AAAResearchReports.com/GALE112713.pdf
Novavax Inc.'s stock edged higher on Tuesday, tracking gains in the broader market. The company's shares closed the day 0.58% higher at $3.44, after trading between $3.38 and $3.47. A total of 2.93 million shares were traded, which is below the daily average volume of 3.10 million. The company's shares have gained 19.44% in the last one month and 13.16% in the previous three months, outperforming the S&P 500, which has advanced 2.44% and 8.81% during the respective periods. Additionally, Novavax Inc.'s stock is trading above its 50-day and 200-day moving averages of $3.06 and $2.52, respectively. The free report on NVAX can be downloaded by signing up now at:
http://www.AAAResearchReports.com/NVAX112713.pdf
On Tuesday, Ariad Pharmaceuticals Inc.'s stock plummeted to finish at $4.68, down 8.79% from the prior day's closing price of $5.13. The company's shares fluctuated between $4.56 and $5.62 during the trading session. A total of 78.75 million shares were traded, which is above the daily average volume of 14.37 million. Despite Tuesday's pullback, the company's shares have rallied 67.74% in the previous three trading sessions and 31.46% in the last one month, outperforming the S&P 500, which has gained 0.38% and 2.44% during the respective periods. Furthermore, Ariad Pharmaceuticals Inc.'s stock is trading below its 50-day and 200-day moving averages of $8.40 and $16.29, respectively. A free report on ARIA can be accessed by registering at:
http://www.AAAResearchReports.com/ARIA112713.pdf
Shares in MannKind Corp. oscillated between $4.98 and $5.04 before ending Tuesday's session 0.60% higher at $5.02. A total of 2.48 million shares were traded, which is below the daily average volume of 4.97 million. The company's shares have gained 0.60% in the previous three trading sessions, outperforming the S&P 500, which has gained 0.38% during the same period. However, MannKind Corp.'s stock is trading below its 50-day and 200-day moving averages of $5.26 and $5.32, respectively. Register with AAA Research Reports and download research on MNKD for free at:
http://www.AAAResearchReports.com/MNKD112713.pdf
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SOURCE AAA Research Reports
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