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Tale of the Tape

ArthroCare Corporation (ARTC) Catches Eye: Stock Jumps 8.2%
February 04, 2014

ALIOF AFFX

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ArthroCare Corporation was a big mover last session, as the company saw its shares rise a little over 8% on the day. This surge can be attributable to solid volume too with far more shares changing hands than in a normal session. This broke the recent trend of the company, as the stock is now trading above the volatile price range of $39.73 to $48.00 in the past one-month time frame.

In the last 30 days, this company did not witness any estimate revisions and the Zacks Consensus Estimate has remained unchanged. However, yesterday’s price action is encouraging, so make sure to keep a close watch on this firm in the near future.

ArthroCare Corporation currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.

Some better-ranked stocks in the healthcare industry include Actelion Ltd. (ALIOF), Gentium S.p.A and Affymetrix Inc. (AFFX - Analyst Report). All these stocks hold a Zacks Rank #1 (Strong Buy).

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