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Los Angelas, CA -- (SBWIRE) -- 11/23/2012 -- Sequenom Inc. (NASDAQ:SQNM): Jefferies has noted that the American College Of Obstetricians and Gynecologists, or ACOG, has issued formal support of non-invasive prenatal testing, or NIPT, modalities in the high-risk population, and the firm predicts that progress in securing national payer contracts will follow. The firm also sees ACOG’s endorsement as positive for Sequenom, and it maintains its Buy rating and a $7 price target on the stock. Shares of Sequenom, Inc. (NasdaqNM:SQNM) are trading at $4.25 and is +22.00% from its 50-day Moving Average price of $3.4835 and +12.70% from its 200-day Moving Average price of $3.7712. The average trading volume is 2571170 shares and its market capitalization is $487.8M.
How Should Investors React To SQNM Now? Find Out Here
Groupon Inc. (NasdaqNM:GRPN), the largest provider of daily deals, rose 15 percent, climbing for the second day after Tiger Global Management LLC said it acquired a 9.9 percent stake in the coupon website. The shares advanced to $3.88 at the close in New York, their biggest gain since May. The stock has gained for the sixth straight day, making it a 48 percent jump over the period.Groupon is still 81 percent below its November 2011 initial public offering, when the shares sold for $20 each. The backing of Tiger Global, a New York hedge fund run by Chase Coleman and Feroz Dewan, is one of the first encouraging signs for the Chicago-based company amid a tumultuous year, said Edward Woo, analyst at Ascendiant Capital Markets LLC in Irvine, California. Groupon, Inc. (NasdaqNM:GRPN) is +0.51 - +15.13% from the previous close of $3.37. It traded between $3.40 - 4.10 with total traded volume of 57646624 shares. At Current Market Price, GRPN is in distance of -7.43% from its 50-day Moving Average price of $4.1915 and -43.75% from its 200-day Moving Average price of $6.8972.
Can GRPN Bounce Back and Touch Its previous High From Here : CHECK OUT HERE
Shares of anti-obesity drug maker VIVUS (Nasdaq:VVUS) shot higher by as much as 22% earlier in the trading session today following a decision by insurer Aetna (NYSE: AET) to begin providing coverage on Qsymia. In addition to Qsymia, Aetna also announced that it'd be covering Arena Pharmaceuticals' (Nasdaq: ARNA ) Belviq when it finally makes it to pharmacy shelves. Thus far, VIVUS' Qsymia, which was seen as a potential blockbuster drug, has performed miserably, with roughly 30% of prescriptions left at pharmacies because patients have had to pay for the drug out of their own pockets, according to VIVUS' chief commercial officer, Mike Miller. Today's move should clear the way for some of those patients to begin to receive partial insurance coverage of Qsymia prescriptions and could cause other insurers to soon jump on board.
Can VVUS Continue To Move Higher? To Know More CHECK HERE
Nokia Corporation (NYSE:NOK): Nokia is aware that people are familiar with its popular ringtone, and a global study revealed that the most commonly preferred ringtone style is classical. This influenced the company, when it prepared to create 25 new tones for its new phones, to bypass the boring classics on a synth in a lab, but in instead decided to record a 55-piece symphony orchestra. “We think that the sound of an orchestra is timeless,” stated Tapio Hakanen, Nokia’s head of sound and visual content. “It’s equally relevant three years from now or five years from now–it’s been relevant for hundreds of years, so that doesn’t change.” Nokia Corporation (NYSE:NOK) is very active today and traded between $3.05 - 3.40 with total traded volume of 154313312 shares. At a current price of 3.31, NOK is +0.36 - +12.20% from the previous close of $2.95. Moreover, At Current Market Price, NOK is in distance of +21.18% from its 50-day Moving Average price of $2.7315 and +26.96% from its 200-day Moving Average price of $2.607.
Is NOKIA going to move higher as many investors expect : Find Out Here
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