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Dendreon Corp. (DNDN) Jumps: Stock Up 9% - Tale of the Tape

By: Zacks.com
Posted: 1/14/2014 9:39:00 AM
Referenced Stocks: ALIOF;DNDN;EBS;GENT

Dendreon Corp. ( DNDN ) was a big mover last session, as its shares rose over 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down almost 2% in the past one-month time frame.

In the last 30-day frame, the healthcare 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.

Dendreon currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Other better-ranked stocks in the medical sector include Gentium S.p.A ( GENT ), Emergent BioSolutions, Inc. ( EBS ) and Actelion Ltd. ( ALIOF ). All three sport a Zacks Rank #1 (Strong Buy).

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