XOMA CorporationXOMA was a big mover last session, as the company saw its shares rise over 24% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the downtrend for the company since Nov 3, as the stock is now down almost 18%.
The company has not seen any estimate revision in the past 30 days and its 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.
XOMA Corp currently has a Zacks Rank #3 (Hold).
A better-ranked biomedical stock is Actelion Ltd. ALIOF with a Zacks Rank #1 (Strong Buy).
Is XOMA going up? Or down? Predict to see what others think: Up or Down
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ACTELION LTD (ALIOF): Free Stock Analysis Report
XOMA CORP (XOMA): 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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