Market Overview

Celgene Adds To Wednesday's Gain


Celgene Corp (NASDAQ: CELG) shares are trading higher by $2.10 at $125.15 in Thursday's session.

The issue is rallying on heavy volume one day after it presented at the Cowen Annual Healthcare Conference. Today's $2.00 gain comes on top of Wednesday's $0.96 move from $122.08 to $123.04.

After a flat open, it had a small retreat but quickly found support just above Wednesday's closing price ($123.04), only reaching $123.10 before embarking on its rally.

The issue added $2.00 in straight-up move, then paused before peaking at $126.16. That marked the highest level for Celgene since it peaked on November 9 at $127.00. Following a pullback to $124.42, it's attempting to close near $125.00 for the first time October 29, 2015, when it ended that session at $124.93.

Posted-In: Technicals Intraday Update Movers Trading Ideas


Related Articles (CELG)

View Comments and Join the Discussion!
Lightning Fast
Market News Service
$199 Free 14 Day Trial
Book A Demo
Learn How You Can Succeed In The Market With Benzinga Pro

Fastest Market News

Real-Time News Alerts

Customizable News Filters

Book A Demo

Happy Birthday, Bull Market - Here Are The Biggest Winners And Losers Over The Past 8 Years

The State Of Bad Boy And Death Row 20 Years Later