Achillion Pharmaceuticals, Inc. (Nasdaq:ACHN)
December 17th, 2018
Amidst falling markets Achillion Pharmaceuticals, Inc. fell $0.71 Monday, a 22.83% decline, closing at $2.40. Achillion Pharmaceuticals, Inc. bounced 33.47% between low and high. Despite the drop in value, trading volumes were solid at 279% of normal which can indicate investor opportunities.
ACHN was outperformed by the rest of the Healthcare sector which went down only 2.11%.
Monday saw a downward swing in all sectors of the market with Real Estate seeing the biggest drop at 3.72% drop. Healthcare has seen the biggest year-to-date gain at 7.36%. The biggest loss this year has been the Materials sector dropping 16%.
Utilities and Communication Services saw turn arounds from their five day positive performance, Utilities with a drop of 3.27%.
- Financials went down with a -0.97% change.
- Industrials went down with a -1.72% change.
- Energy went down with a -1.86% change.
- Materials went down with a -1.87% change.
- Communication Services went down with a -1.90% change.
- Healthcare went down with a -2.11% change.
- Information Technology went down with a -2.21% change.
- Consumer Staples went down with a -2.28% change.
- Consumer Discretionary went down with a -2.82% change.
- Utilities went down with a -3.27% change.
- Real Estate went down with a -3.72% change.
Achillion Pharmaceuticals, Inc. Info
Achillion Pharmaceuticals, Inc., a biopharmaceutical company, discovers, develops, and commercializes small molecule drug therapies for immune system disorders in the United States. Its lead drug candidate includes ACH-4471, an inhibitor of factor D that is Phase II clinical trials for patients with paroxysmal nocturnal hemoglobinuria and C3 glomerulopathy. The company is also developing ACH-5228, a factor D inhibitor that is in Phase I clinical trial; ACH-5548, a factor D inhibitor; and other factor D inhibitors. It has license agreements with GCA Therapeutics, Ltd and Ora, Inc., as well as a collaboration arrangement with Janssen Pharmaceuticals Inc. to develop and commercialize drug candidates for the treatment of chronic hepatitis C virus. The company was founded in 1998 and is headquartered in New Haven, Connecticut.
All amounts in USD unless otherwise indicated
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