Published August 22, 2012
During trading today, both the Health Care sector (XLV) and the S&P500 showed little movement.
While being down today, the ETF, as a proxy for sector performance, tracked closer to the overall market today than over the past month. Entering today's trading, XLV was up 2.9% over the last thirty trading days while the S&P 500 was down 5.9%.
Brookdale Senior Living (BKD) was a major gainer in the sector, rising 10.9% (+$2.17) to close at $22.08 with 6.6 million shares moving. The stock traded in a range of $21.07 to $22.23. Share price is up $5.68 (34.6%) from $16.40 on July 24, 2012.
China Biologic Products (CBPO) rose 7.6% to close at $10.23, cross its 50-day moving average of $10.03 and 200-day moving average of $9.55. CONMED Corporation (CNMD) declined 2.5% to close at $26.83, moving below its 50-day moving average of $27.34 and 200-day moving average of $27.95.
VIVUS (VVUS) rose 3.5% to close at $21.38, approaching its 50-day moving average of $23.67. It has also moved closer to its 200-day moving average of $22.05. The Ensign Group (MYGN) fell 2.1% to close at $29.17, moving closer to its 50-day moving average of $28.60. Also, the stock moved closer to its 200-day moving average of $24.34.
Wright Medical Group (WMGI) was one of the sector's big losers, as its price dropped 5% (-$1.04) to close at $19.95. 2.6 million shares of the stock moved. The stock traded between $19.87 and $20.63. Share price is up, having risen $1.51 (8.2%) from $18.44 on July 24, 2012.