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Morning Research: Ariad Pharma Inc., MannKind Corp., Novavax Inc., and Galena Biopharma Inc.

LONDON, November 1, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

On Thursday, October 31, 2013, all three indexes of the US equity market edged lower. The S&P 500 ended the day at 1,756.55, down 0.38%; the Dow Jones Industrial Average closed at 15,545.75, down 0.47%; and the NASDAQ Composite finished at 3,919.71, down 0.28%. Shares in the biotechnology industry mostly ended on a lower note, tracking losses in the broader market. The major movers in the industry included Ariad Pharmaceuticals Inc. (NASDAQ: ARIA), MannKind Corp. (NASDAQ: MNKD), Novavax Inc. (NASDAQ: NVAX), and Galena Biopharma Inc. (NASDAQ: GALE). has released full comprehensive research on ARIA, MNKD, NVAX, and GALE. These free technical analyses can be downloaded by signing up at:  

Ariad Pharmaceuticals Inc.'s stock plummeted on Thursday, tracking losses in broader market. The company's shares closed the day at $2.20, down 44.44%, after oscillating between $2.15 and $2.59 during the trading session. A total of 64.97 million shares were traded, which is significantly above the daily average volume of 9.08 million. The company's shares have lost 46.47% in the previous three trading sessions, compared to a loss of 0.32% in the S&P 500 during the same period. Furthermore, Ariad Pharmaceuticals Inc.'s stock is trading below its 50-day and 200-day moving averages of $14.59 and $17.85, respectively. Download free report on ARIA upon registration at:

On Thursday, MannKind Corp.'s stock ended the day at $4.91, which is 0.30% lower than the previous day's closing price of $4.92. The company's shares fluctuated between $4.77 and $5.11 during the trading session. A total of 5.93 million shares were traded, which is below the daily average volume of 7.28 million. The company's shares have declined 6.39% in the previous trading sessions, underperforming the S&P 500, which has lost 0.32% during the same period. Moreover, MannKind Corp.'s stock is trading below its 50-day and 200-day moving averages of $5.61 and $5.11, respectively. MNKD technical report can be accessed for free by signing up at:

Novavax Inc.'s stock fluctuated between gains and losses before finishing the day flat on Thursday. The company's shares ended the session at the previous day's closing price of $3.10, after fluctuating between $2.96 and $3.16 during the trading session. A total of 8.64 million shares were traded, which is above the daily average volume of 3.04 million. The company's shares have gained 8.98% in the previous three trading sessions and 15.06% in the last three months, compared to a loss of 0.32% and a gain of 4.20% in the S&P 500 during the respective periods. Additionally, Novavax Inc.'s stock is trading above its 200-day moving average of $2.41. The free report on NVAX can be downloaded by signing up now at:

Galena Biopharma Inc.'s stock advanced 2.06% on Thursday, reversing all the losses from the previous trading session. The company's shares oscillated between $2.15 and $2.26 before closing the day at $2.23. A total of 1.68 million shares were traded, which is below the daily average volume of 2.58 million. The company's shares have gained 2.06% in the last three trading sessions and 14.10% in the previous three months, outperforming the S&P 500, which has lost 0.32% and has gained 4.20% during the respective periods. Further, Galena Biopharma Inc.'s stock is trading above its 50-day and 200-day moving averages of $2.18 and $2.12, respectively. A free report on GALE can be accessed by registering at:



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