During trading today, both the Health Care sector (XLV) and the S&P500 showed little movement.
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AmerisourceBergen (ABC) declined 1.5% to close at $36.45, moving below its 50-day moving average of $36.77 and 200-day moving average of $37.64.
InterMune (ITMN) rose 3.2% to close at $10.03, approaching its 50-day moving average of $10.92. It has also moved closer to its 200-day moving average of $14.02.
Dendreon Corporation (DNDN) was a major gainer in the sector, rising 13.8% (+86 cents) to close at $7.11 with 24.2 million shares moving. The stock traded in a range of $6.39 to $7.54. Over the last three months, the stock has lost $3.04 (-30%) from a price of $10.15 on March 16, 2012.
Regeneron Pharmaceuticals (REGN) was a major loser in the sector. Its price dropped 12.5% (-$15.97) to close at $111.88, as 4.4 million shares moved. The stock traded between $110.54 and $124.59. The stock has been sinking recently, and shares are down $21.14 (-15.9%) from a price of $133.02 on June 6, 2012.
NewLink Genetics (NLNK) hit a new 52-week high today, reaching $14.40 to top the previous high of $13.92.