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Tesaro (TSRO) in Focus: Stock Adds 8.6% in Session

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Tesaro, Inc. was a big mover last session, as its shares rose almost 9% on the day. The upside was driven by the pricing of underwritten public offering by the company. This led to far more shares changing hands than in a normal session. The stock picked up sharply from the volatile price range of $37.21 to $45.17 in the past one-month time frame.

Over the last 30 days, the company did not witness any estimate revision and the Zacks Consensus Estimate also remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Tesaro has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

A better-ranked stock in the med-drugs space is Bio Blast Pharma Ltd. , sporting a Zacks Rank #1 (Strong Buy).

Is TSRO going up? Or down? Predict to see what others think: Up or Down

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