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Dendreon shares soar again -- too late to join the ride?

 Apr 29, 2009 06:30 PM UTC
Return Risk
+10.49% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
DNDN Positive 04/29/09 +28.03% --

Graphic_arrow1 Via BloggingStocks:  

Filed under: Analyst reports, Analyst upgrades and downgrades, Products and services, Marketing and advertising, Stocks to Buy

Dendreon Corp. (NASDAQ: DNDN) shares more than doubled in early morning trading. But this may be somewhat misleading as the 100% surge is following Tuesday's 45% decline that caused a halt in trading.

As promised, on Tuesday, Dendreon released detailed results of its innovative prostate cancer drug Provenge. Ahead of the results, the stock plunged some 45% to $11.81 before trading was halted at 1:27 p.m. following two minutes of high volatility. Trading resumed last night and the Nasdaq said it would let stand all the trades.

Continue reading Dendreon shares soar again -- too late to join the ride?

Dendreon shares soar again -- too late to join the ride? originally appeared on BloggingStocks on Wed, 29 Apr 2009 13:30:00 EST. Please see our terms for use of feeds.

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