BIND Therapeutics (BIND) in Focus: Stock Tumbles 10.0% - Tale of the Tape

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BIND Therapeutics, Inc. ( BIND ) saw a big move last session, as the company's shares fell by over 10% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This reverses the recent trend for BIND, as the stock is now up over 38% in the past one-month time frame.

Although this slump was obviously disappointing, the current year earnings consensus has moved higher over the past few weeks for this clinical-stage nanomedicine platform company. This suggests that the recent slump might be a temporary blip on the radar for BIND. So make sure to keep an eye on this stock going forward to see if last day's price decline is confirmed by more weakness, or if it can rebound in the weeks ahead.

BIND currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the same sector include Biogen Idec Inc. ( BIIB ), The Medicines Company ( MDCO ) and Osiris Therapeutics, Inc. ( OSIR ). All these stocks hold a Zacks Rank #1 (Strong Buy).

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BIND THERAPEUTC (BIND): Free Stock Analysis Report

BIOGEN IDEC INC (BIIB): Free Stock Analysis Report

MEDICINES CO (MDCO): Free Stock Analysis Report

OSIRIS THERAPTC (OSIR): Free Stock Analysis Report

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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: BIND , BIIB , MDCO , OSIR

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