The Health Care sector (XLV) showed little movement on a trading day that saw S&P 500 fall 0.2%. <\/p>\n
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 down 4% over the last thirty trading days while the S&P 500 was down 6.6%. <\/p>\n
Increasing 15.6% (+65 cents) to close at $4.81, Synta Pharmaceuticals (SNTA) was a major gainer in the sector. Today, 2.1 million shares traded hands. The stock traded in a range of $4.19 to $5.10. Shares price has risen 91 cents (23.3%) from $3.90 on May 23, 2012. <\/p>\n
Osiris Therapeutics (OSIR) was one of the sector's big losers, as its price dropped 9.3% (-65 cents) to close at $6.33. 562,837 shares of the stock moved. The stock traded between $6.22 and $6.84. The stock has risen $1.63 (34.7%) over the last three months from a price of $4.70 on March 5, 2012. <\/p>\n
BG Medicine (BGMD) rose 7.2% to close at $5.35, cross its 50-day moving average of $5.08 and 200-day moving average of $5.61. <\/p>\n
MAP Pharmaceuticals (MAPP) rose 4.4% to close at $11.77, approaching its 50-day moving average of $12.37. It has also moved closer to its 200-day moving average of $14.03. Alexion Pharmaceuticals (BMRN) fell 1.2% to close at $90.57, moving closer to its 50-day moving average of $89.44. Also, the stock moved closer to its 200-day moving average of $34.95. <\/p>\n
Utah Medical Products (UTMD) hit a new 52-week high today, reaching $34.10 to top the previous high of $33.71. <\/p>\n
Shire Plc. (SHPGY) hit a new 52-week low today, hitting $83.88 to fall below the previous low of $85.60. <\/p>\n<\/p>\n
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Health Care Sector Wrap<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" The Health Care sector (XLV) showed little movement on a trading day that saw S&P 500 fall 0.2%. Continue reading