Dendreon, Novartis, and Stryker under Microscope

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LONDON, July 17, 2013 /PRNewswire/ --


On Tuesday, July 16, 2013, shares in healthcare companies ended mostly lower, tracking losses in the broader market which slipped following a mixed batch of economic and earnings reports. Investors also exercised caution ahead of Fed Reserve Chairman Ben Bernanke's semi-annual testimony to Congress on Wednesday. The major movers in the sector included Dendreon Corporation (NASDAQ: DNDN), Novartis AG (ADR) (NYSE: NVS), and Stryker Corporation (NYSE: SYK). has released full comprehensive research on DNDN, NVS, and SYK. These free technical analyses can be downloaded by signing up at:  

Shares in Dendreon Corporation fell sharply on Tuesday, as the broader market struggled. The company's shares oscillated between $4.50 and $4.68 before finishing the day 1.09% lower at $4.52. A total of 2.76 million shares were traded which is below the daily average volume of 3.46 million. Despite Tuesday's sharp decline, Dendreon's shares have gained 0.89% in the last five trading sessions and 11.60% in the last one month. Nonetheless, in the last three months, the stock has fallen by 0.22%. A free technical analysis on DNDN available by signing up at:

Novartis AG's stock ended slightly lower on Tuesday, tracking losses in the broader market. The company's shares ended the day 0.33% lower at $73.47 after fluctuating between $73.27 and $73.64. A total of 1.07 million shares were traded which is below the daily average volume of 1.47 million. Despite Tuesday's pullback, the company's shares are currently trading near their 52-week high of $75.73. The stock has gained 1.14% in the last one month, but has fallen by 0.24% in the past three months. Nonetheless, the stock is currently trading above its 50-above and 200-day moving averages. Register today and access free research on NVS at:

Shares in Stryker Corporation moved higher on Tuesday, extending their gains from previous trading sessions. The company's shares ended the day 0.66% higher at $68.67 after oscillating between $68.35 and $69.30. A total of 1.38 million shares were traded which is above the daily average volume of 1.18 million. The company's shares have gained 1.91% in the last three sessions, 2.17% in the last one month and 5.52% in the last three months. Furthermore, the stock is currently trading near its 52-week high of $70.00. The free report on SYK can be downloaded by signing up now at:


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