During trading today, both the Healthcare sector (XLV) and the S&P500 showed little movement.
The ETF, as a proxy for the sector, tracked closer to the overall market today than over the past month. As trading began today, XLV was up 4.4% over the last thirty trading days, and the S&P 500 climbed 3%.
InterMune, Inc. (ITMN) was a major gainer in the sector, rising 10.2% (+$1.41) to close at $15.28 with 6.2 million shares moving. The stock traded in a range of $13.72 to $15.52. Share price is up $2.93 (23.7%) from $12.35 on March 7, 2012.
Spectrum Pharmaceuticals, Inc. (SPPI) was a major loser in the sector, falling 9.4% (-$1.15) to close at $11.06 with 9.3 million shares moving. The stock traded between $10.55 and $11.40. Over the last three months, the stock has lost $4.44 (-28.6%) from a price of $15.50 on January 9, 2012.
Pernix Therapeutics Holdings Inc (PTX) rose 5.5% to close at $9.36, cross its 50-day moving average of $9.23 and 200-day moving average of $9.30. Cardinal Health, Inc. (CAH) declined 1.4% to close at $41.77, moving below its 50-day moving average of $42.01 and 200-day moving average of $41.97.
BioMarin Pharmaceutical Inc. (BMRN) rose 2.4% to close at $33.50, approaching its 50-day moving average of $34.92. It has also moved closer to its 200-day moving average of $33.81. Gentiva Health Services, Inc. (GTIV) fell 4.8% to close at $8.08, moving closer to its 50-day moving average of $8.06. Also, the stock moved closer to its 200-day moving average of $26.74.
Par Pharmaceutical Companies, Inc. (PRX) hit a new 52-week high today, reaching $41.98 to top the previous high of $40.12.
Angiodynamics, Inc. (ANGO) hit a new 52-week low today, hitting $11.73 to fall below the previous low of $12.05.