Achillion Pharmaceuticals, Inc. (Nasdaq:ACHN)
December 18th, 2018
With markets going up Achillion Pharmaceuticals, Inc. finished Tuesday’s trading session down 18.75%, a $0.45 decrease to close on $1.95. As well as the drop in value, Achillion Pharmaceuticals, Inc. hit a new 52 week low of $1.90, breaking the previous low of $2.33 from earlier this October. Achillion Pharmaceuticals, Inc. swung 34.74% between high and low. Despite the drop in value, trading volumes were solid at 508% of normal which can indicate investor opportunities.
ACHN was outperformed by the rest of the Healthcare sector which went down only 0.80%.
The market sectors were mixed Tuesday with a majority of the sectors trending up. Consumer Discretionary saw the biggest increase of the day (1.03%), while Energy saw the biggest drop (2.35%). Healthcare has seen the biggest year-to-date gain at 5.09%. The biggest loss this year has been the Materials sector declining 17%.
Consumer Discretionary saw the biggest turnaround from its 5-day performance of -4.12%, as it went up 1.03%.
- Consumer Discretionary went up with a 1.03% change.
- Real Estate went up with a 0.95% change.
- Information Technology went up with a 0.86% change.
- Communication Services went up with a 0.62% change.
- Industrials went up with a 0.58% change.
- Materials went up with a 0.56% change.
- Financials went down with a -0.48% change.
- Utilities went down with a -0.64% change.
- Healthcare went down with a -0.80% change.
- Consumer Staples went down with a -1.17% change.
- Energy went down with a -2.35% 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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