Falling NASDAQ Stocks: BioCryst Pharmaceuticals, Inc.(NASDAQ:BCRX), Celldex Therapeutics, Inc.(NASDAQ:CLDX), and StemCells Inc(NASDAQ:STEM)
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The NASDAQ Composite fell $12.46, a 0.28% decrease in value that moved it to a mark of $4,493.39. Below is a breakdown of how three other NASDAQ stocks fared during yesterday’s trading.
BioCryst Pharmaceuticals, Inc.(NASDAQ:BCRX) saw its value decline by 6.77% yesterday on a seventy-one cent loss. The stock’s new mark of $9.78 represents a three month closing price low for the company that once finished at a mark of $13.96 on Aug. 8th, 2014. BioCryst Pharmaceuticals, Inc.(NASDAQ:BCRX), a North Carolina-based company that focuses on orphan and autoimmune diseases, may see its value climb significantly as a result of the first reported case of Ebola in the United States.
Celldex Therapeutics, Inc.(NASDAQ:CLDX) suffered a 5.33% loss in value yesterday as the stock fell seventy-three cents to finish the day at a new closing price of $12.96. The stock has traded within a range of $10.76 to $38.84 over the past 52 weeks. Celldex Therapeutics, Inc.(NASDAQ:CLDX) announced after the markets closed Tuesday that it had published two papers that highlight the early studies of glembatumumab vedotin in metastatic melanoma and breast cancer.
StemCells Inc(NASDAQ:STEM) lost three cents during yesterday’s trading, a 2.33% loss in value that left the stock at a closing price of $1.26. The stock’s value has steadily declined ever since StemCells Inc(NASDAQ:STEM) finished at a three month closing price high of $2.34 on July 3rd, 2014. The California-based company currently has a bid price of $1.24 x 1,300 and an offer price of $1.30 x 600. StemCells has a market capitalization of $88.54 million.
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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