Wednesday, April 27, 2011

Drug Companies Get Crushed (MRGE) (ACHN) (ANIK) (SUMR) (ACAD)

Merge Healthcare Inc. (MRGE) shares dropped $0.25 per share or 4.87%, falling to $4.88. Shares of MRGE have so far hit a 52-week high of $5.44 per share and a 52-week low of $1.96.

Achillion Pharmaceuticals (ACHN) shares got pounded today, falling by 6.98% to $5.86 per share. 722,689 shares were traded so far in today's session. On average, a total of 600,922 shares are exchanged in ACHN each day.

Anika Therapeutics, Inc. fell off a cliff in today's trading. The stock was down 5.82%, moving down to $8.57 per share. 151,176 shares were traded so far in today's session. On average, a total of 197,551 shares are exchanged in ANIK each day.

Summer Infant, Inc. (SUMR) dropped $0.42 per share or 4.56%, falling to $8.8. In the last 12 months, Summer Infant, Inc. has seen a high of $9.48 and a low of $6.22 per share.

Shares of ACADIA Pharmaceuticals (ACAD) dropped $0.13 per share or 4.5%, falling to $2.76. The move occured on volume of 2 million which is relative to the 552,030 shares which trade on average each day.

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