Can These Stocks Rebound From Their Recent Losses? Arrowhead Research Corp(NASDAQ:ARWR), Banro Corporation (USA)(NYSEMKT:BAA), and Celldex Therapeutics, Inc.(NASDAQ:CLDX)
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Arrowhead Research Corp(NASDAQ:ARWR) lost ninety-three cents to finish the day at a closing price of $12.72. The biopharmaceutical company’s trading volume spiked to a figure of 4,029,047, a figure which is 1,433,977 higher than its three month average of 2,595,070. Arrowhead Research Corp(NASDAQ:ARWR) reported its quarterly financial results on the morning of Aug. 18th. Along with the financial figures, which include no meaningful revenue, Arrowhead also announced that its Phase IIb study of ARC-520 would commence during the fourth quarter of the 2014 year.
Banro Corporation (USA)(NYSEMKT:BAA) saw its value decline by 3.45% yesterday as the stock fell $0.009, moving to a new closing price of $0.26. The stock has traded within a range of $0.18 to $1.13 over the past 52 weeks. On Aug. 14th, the Ontario-based company reported its second quarter financial results, which included revenue and net loss figures of $26.5 and $3.0 million, respectively. Since the announcement, Banro’s value has risen by seven cents from $0.18.
Celldex Therapeutics, Inc.(NASDAQ:CLDX) lost eighty cents to finish the day at a closing price of $14.31. The 5.29% decrease in value did not come in response to a recent news report or press release. Celldex Therapeutics, Inc.(NASDAQ:CLDX) has closed within a range of $12.05 to $17.57 over the past three months. The New Jersey-based biopharmaceutical company is currently developing treatments for front-line and recurrent glioblastoma, with studies in both the second and third phases.
I have a confession to make – I am not always right. Sometimes, unfortunately, I will send alerts that experience losses.
I have alerted companies that rallied 100% or even 6,000% (not even joking) in under a week. Likewise, I have alerted companies that tanked 10, 20, sometimes even as much as 30 or 40%. However overall it is about the net result that delivers profits into your portfolio.
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