Pre-Market Review: Arena Pharma Inc., Geron Corp., Incyte Corp. Ltd, and Spectrum Pharma Inc.

LONDON, October 31, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

On Wednesday, October 30, 2013, the S&P 500 ended the day at 1,763.31, down 0.49%; the Dow Jones Industrial Average closed at 15,618.76, down 0.39%; and the NASDAQ Composite finished at 3,930.62, down 0.55%. Shares in the biotechnology industry mostly ended on a lower note, tracking losses in the broader market closed. The major movers in the industry include Arena Pharmaceuticals Inc. (NASDAQ: ARNA), Geron Corporation (NASDAQ: GERN), Incyte Corporation Ltd (NASDAQ: INCY), and Spectrum Pharmaceuticals Inc. (NASDAQ: SPPI). AAAResearchReports.com initiated preliminary technical research on ARNA, GERN, INCY, and SPPI. These free reports are accessible by signing today at:

http://www.aaaresearchreports.com/register/  

On Wednesday, Arena Pharmaceuticals Inc.'s stock closed at $4.36, down 3.11% from the previous day's closing price of $4.50. The company's shares vacillated between $4.34 and $4.66 during the trading session. A total of 6.56 million shares were traded, which is above the daily average volume of 4.94 million. The company's shares have declined by 8.21% in the previous three trading sessions, underperforming the S&P 500, which has advanced 0.20% during the same period. Moreover, Arena Pharmaceuticals Inc.'s stock is trading below its 50-day and 200-day moving averages of $5.57 and $7.42, respectively. The free technical analysis on ARNA is available by signing up at:

http://www.AAAResearchReports.com/ARNA103113.pdf

Geron Corp.'s stock closed flat at $3.93 on Wednesday, even as the broader market posted losses. The company's shares oscillated between $3.86 and $4.05 during the trading session. A total of 1.61 million shares were traded, which is below the daily average volume of 2.24 million. The company's shares have surged 17.31% in the last one month and 191.11% in the previous three months, outperforming the S&P 500, which has advanced 4.86% and 4.59% during the respective periods. Additionally, Geron Corp.'s stock is trading above its 50-day and 200-day moving averages of $2.75 and $1.67, respectively. Register now to download free research on GERN at:

http://www.AAAResearchReports.com/GERN103113.pdf

Shares in Incyte Corp. Ltd's shares ended the day 5.04% lower at $38.59, after vacillating between $38.02 and $40.94. A total of 1.12 million shares were traded, which is below the daily average volume of 1.74 million. Despite Wednesday's decline, the company's shares have advanced 1.15% in the last one month and 66.98% in the previous three months, compared to a gain of 4.86% and 4.59% in the S&P 500 during the respective periods. Further, Incyte Corp. Ltd.'s stock is trading above its 50-day and 200-day moving averages of $36.83 and $25.82, respectively. A free report on INCY can be accessed by registering at:

http://www.AAAResearchReports.com/INCY103113.pdf

On Wednesday, Spectrum Pharmaceuticals Inc.'s stock declined to end the day at $8.53, which is 1.95% lower than the previous day's closing price of $8.70. The company's shares fluctuated between $8.41 and $8.70 during the trading session. A total of 0.81 million shares were traded, which is below the daily average volume of 0.85 million. Despite Wednesday's pullback, the company's shares gained 1.79% in the last one month and 3.02% in the previous three months, compared to a gain of 4.86% and 4.59% in the S&P 500 during the respective periods. Furthermore, Spectrum Pharmaceuticals Inc.'s stock is trading above its 50-day moving average of $8.22. Register with AAA Research Reports and download research on SPPI for free at:

http://www.AAAResearchReports.com/SPPI103113.pdf

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SOURCE AAA Research Reports

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