Vericel Surrenders 6 Days Of Gains

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Vericel Corp VCEL shares are trading lower by 85 cents (13 percent) at $5.13 in Thursday's session. There is specific news on the company to account for the weakness.

Instead, the low-priced stock may be having profit-takers come in after its recent rally. Since its Sept. 26 low ($4.65), the stock added 31 percent, when it reached $6.10 in Wednesday's session. That marks the highest level for the stock since it peaked in April 2016 at $6.69.

After a lower open, beyond Wednesday's low ($5.85), the follow through decline took Vericel's stock to $4.75, but has returned to the $5.00 handle. That low is a dime above the low from which the rally commenced from on Sept. 26.

Posted In: TechnicalsIntraday UpdateMoversTrading Ideas
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