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Strength Seen in Medivation (MDVN): Stock Up 8.5% - Tale of the Tape

Medivation, Inc. ( MDVN ) was a big mover last session, as the company saw its shares rise nearly 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend for the company, as the stock is now trading above the past one month's volatile price range of $55.08 to $63.49.

This biopharmaceutical company has seen two negative estimate revisions in the last 30 days. However, the Zacks Consensus Estimate has remained unchanged over the same time frame. Friday's rally is encouraging though, so make sure to keep a close watch on this firm in the near future.

Medivation currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

Some better-ranked Bio-medical stocks worth considering are Gilead Sciences Inc. ( GILD ), Myriad Genetics Inc. ( MYGN ) and Illumina Inc. ( ILMN ). All three stocks hold a Zacks Rank #1 (Strong Buy).

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GILEAD SCIENCES (GILD): Free Stock Analysis Report

ILLUMINA INC (ILMN): Free Stock Analysis Report

MEDIVATION INC (MDVN): Free Stock Analysis Report

MYRIAD GENETICS (MYGN): 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 Nasdaq, Inc.


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

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