Filed Under: ,
Tickers in this Article: AFFY, VOLC, VVUS, GHDX, QCOR, INFI, IPCM
Currently, the Nasdaq is trading up 0.5%, the S&P 500 is unchanged and the Dow has moved little. The healthcare sector is the category of stocks relating to medical and healthcare goods or services. This sector includes hospital management firms, health maintenance organizations (HMOs), biotechnology and a variety of medical products. Stocks in the healthcare sector are often considered to be defensive because the products and services are essential. Even during economic downturns, people will still require medical aid and medicine to overcome illness. Having a consistent demand for goods and services makes this sector less sensitive to business cycle fluctuations.

The Healthcare sector (XLV) has moved up 0.1% overall, and these are the biggest movers in the sector so far:
CompanyMarket CapPercentage Change
Affymax (Nasdaq:AFFY)$885.6 million+7.4%
Volcano (Nasdaq:VOLC)$1.44 billion+7%
VIVUS (Nasdaq:VVUS)$2.07 billion-5.4%
Genomic Health (Nasdaq:GHDX)$1.05 billion-5.4%
Questcor Pharmaceuticals (Nasdaq:QCOR)$1.49 billion+5.1%
Infinity Pharmaceuticals (Nasdaq:INFI)$952.9 million-5.1%
IPC The Hospitalist Company (Nasdaq:IPCM)$736.1 million-3.3%
Beginner's Guide To NinjaTrader Trading Software

After an increase of 7.4%, Affymax (Nasdaq:AFFY) has reached a current price of $26.29. This morning, the company is trading a volume of 1.5 million shares. This is 1.2 times its current three-month average.

After rising 7%, Volcano (Nasdaq:VOLC) is currently trading at a share price of $28.74. At 1.5 million shares, the company's volume so far today is 3.2 times the current daily average.

After a decline of 5.4%, VIVUS (Nasdaq:VVUS) has hit a share price of $19.48. This morning, the company is trading a volume of 3.6 million shares.

Genomic Health (Nasdaq:GHDX) has decreased to $32.57 per share, a 5.4% fall. At 276,811 shares, the company's volume so far today is which is more trading activity than there was yesterday.

Questcor Pharmaceuticals (Nasdaq:QCOR) has risen 5.1% to hit a current price of $26.26 per share. So far today, 4.6 million shares have changed hands. This is 0.8 times the current three-month average.

At $23.02, Infinity Pharmaceuticals (Nasdaq:INFI) has slipped 5.1%. At 534,873 shares, the company's volume so far today is 1.8 times the average daily volume.

Falling 3.3%, IPC The Hospitalist Company (Nasdaq:IPCM) is currently at a share price of $42.75. So far today, 106,813 shares have changed hands.

The Bottom Line No matter the economic climate, Wall Street will always have stocks that make major moves each week. It is important to weigh current activity against historical performance when making any investment decisions. However, these fundamental metrics must be analyzed with historic data, industry information in addition to firm specific financial statements.

comments powered by Disqus

Trading Center