LONDON, August 29, 2013 /PRNewswire/ --
The U.S. equity market ended higher on Wednesday, August 28, 2013. The S&P 500 advanced 0.27%, to close the day at 1,634.96. Shares of companies in the biotechnology industry also ended on a higher note, tracking gains in the broader market. The major movers included Inovio Pharmaceuticals Inc. (NYSE MKT: INO), Onyx Pharmaceuticals Inc. (NASDAQ: ONXX), Sequenom Inc. (NASDAQ: SQNM), and Optimer Pharmaceuticals Inc. (NASDAQ: OPTR). AAAResearchReports.com has completed their technical analysis on INO, ONXX, SQNM, and OPTR and these free reports are accessible by registering at:
Shares in Inovio Pharmaceuticals Inc. finished flat on Wednesday, even as the broader market edged higher. The company's shares closed the day at $1.65 after oscillating between $1.65 and $1.72. A total of 2.29 million shares were traded, which is below the daily average volume of 7.39 million. Inovio Pharmaceuticals Inc.'s shares have gained 14.58% in the last one month and 139.09% in the last three months, compared to a decline of 3.35% and 1.51% in the S&P 500 during the respective periods. Further, the company's stock is currently trading above its 50-day and 200-day moving averages. Sign up for free technical research on INO at:
On Wednesday, Onyx Pharmaceuticals Inc.'s stock edged slightly higher. The stock closed the day at $123.48, which is 0.10% higher than the previous day's price of $123.36, after oscillating between $123.36 and $123.54. A total of 3.97 million shares were traded, which is above the daily average volume of 2.72 million. The company's shares have gained 5.57% in the last three trading sessions, outperforming the S&P 500 which has fallen by 1.72% during the same period. Moreover, Onyx Pharmaceuticals Inc.'s shares are trading above their 50-day and 200-day moving averages. Be sure to read our latest technical research on ONXX by registering at:
Sequenom Inc.'s stock advanced on Wednesday, reversing some of its recent losses. The company's shares oscillated between $2.91 and $3.00 before finishing the day 0.34% higher at $2.93. A total of 1.14 million shares were traded, which is below the daily average volume of 3.25 million. Sequenom Inc.'s shares have fallen by 3.30% in the last three trading sessions, compared to a loss of 1.72% in the S&P 500 during the same period. Furthermore, the company's stock is currently trading below its 50-day and 200-day moving averages. Sign up and read the complimentary report on SQNM at:
Shares in Optimer Pharmaceuticals Inc. ended higher on Wednesday, finishing at $12.53, up 0.48% from the previous closing price of $12.47. The company's shares oscillated between $12.45 and $12.58. A total of 0.48 million shares were traded, which is below the daily average volume of 1.19 million. The company's stock has declined by 0.16% in the last three trading sessions, outperforming the S&P 500 which has fallen by 1.72% during the same period. Additionally, Optimer Pharmaceuticals Inc.'s stock is trading above its 200-day moving average. The free report on OPTR can be downloaded by signing up now at:
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