Acceleron Pharma (XLRN) Jumps: Stock Up 13.2% - Tale of the Tape

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Acceleron Pharma, Inc. ( XLRN ) was a big mover last session, as its shares rose over 13% on the day. The rise came on solid volume too with far more shares changing hands than in a normal session. This reverses the downtrend for the company since March 3, as the stock is now down nearly 27%.

In the last 30 days, the company did not witness any estimate revision and the Zacks Consensus Estimate also remained unchanged. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Acceleron Pharma currently has a Zacks Rank #3 (Sell) while its Earnings ESP is 0.00%.

Other better-ranked stocks in the medical sector include ANI Pharmaceuticals, Inc. ( ANIP ), Alkermes plc ( ALKS ) and Alexion Pharmaceuticals, Inc. ( ALXN ). All three sport a Zacks Rank #1 (Strong Buy).

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Stocks

Referenced Stocks: ALKS , ALXN , ANIP , XLRN

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