|By PR Newswire||
|December 23, 2013 08:01 AM EST||
LONDON, December 23, 2013 /PRNewswire/ --
On Friday, December 20, 2013, the U.S. equity market finished the week on a positive note. The S&P 500 ended the day at 1,818.32, up 0.48%; the Dow Jones Industrial Average closed at 16,221.14, up 0.26%; and the NASDAQ Composite Index finished at 4,104.74, up 1.15%. The S&P 500 Health Care Sector Index edged 0.45% higher to close the session at 635.97; and the S&P 500 Biotechnology Industry Index rose 1.62% to finish at 2,789.68. The S&P 500 Biotechnology Industry Index has gained 4.87% in the previous three trading sessions and 10.11% in the last three months, outperforming the S&P 500, which has gained 2.10% and 6.84% during the respective periods. The major movers in the health care sector included Ariad Pharmaceuticals Inc. (NASDAQ: ARIA), MannKind Corp. (NASDAQ: MNKD), Galena Biopharma Inc. (NASDAQ: GALE), and Novavax Inc. (NASDAQ: NVAX). All these companies are tracked by AAAResearchReports.com. Free technical research on ARIA, MNKD, GALE, and NVAX can be downloaded upon signing up at:
Ariad Pharmaceuticals Inc.'s stock rallied on Friday, tracking gains in the broader market. The company's shares ended the day 16.49% higher at $6.43, after fluctuating between $5.67 and $7.75 during the trading session. A total of 150.02 million shares were traded, which is above the daily average volume of 22.94 million. The company's shares have rallied 54.57% in the previous three trading sessions and 70.11% in the last one month, outperforming the S&P 500, which has gained 2.10% and 0.75% during the respective periods. Additionally, Ariad Pharmaceuticals Inc.'s stock is trading above its 50-day moving average of $3.66. Sign up and read the complimentary report on ARIA at:
On Friday, MannKind Corp.'s stock finishsed the day at $5.01, up 1.62% from the previous day's closing price of $4.93. The company's shares vacillated between $4.94 and $5.05 during the trading session. A total of 7.57 million shares were traded, which is above the daily average volume of 4.72 million. The company's shares have advanced 1.44% in the previous three trading sessions, underperforming the S&P 500, which has gained 2.10% during the same period. Further, MannKind Corp.'s stock is trading below its 50-day and 200-day moving averages of $5.04 and $5.54, respectively. The free report on MNKD can be downloaded by signing up now at:
Shares in Galena Biopharma Inc. closed the day at $4.03, down 0.74%, after oscillating between $3.98 and $4.20 during Friday's trading session. A total of 10.99 million shares were traded, which is above the daily average volume of 4.54 million. Despite Friday's decline, the company's shares have rallied 102.51% in the previous three months, outperforming the S&P 500, which has gained 6.84% during the same period. Moreover, Galena Biopharma Inc.'s stock is trading above its 50-day and 200-day moving averages of $3.12 and $2.41, respectively. A free report on GALE can be accessed by registering at:
Novavax Inc.'s stock rallied on Friday, hitting a new 52-week high of $4.97. The company's shares ended the day 5.34% higher at $4.93, after trading between $4.62 and $4.97 during the session. A total of 15.49 million shares were traded, which is above the daily average volume of 4.03 million. The company's shares have rallied 58.01% in the previous three months and 42.07% in the last one month, compared to a gain of 6.84% and 0.75% in the S&P 500 during the respective periods. Furthermore, Novavax Inc.'s stock is trading above its 50-day and 200-day moving averages of $3.40 and $2.72, respectively. Register with AAA Research Reports and download research on NVAX for free at:
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