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Chimerix (CMRX) Jumps: Stock Adds 8.0% in Session

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Chimerix, Inc. (CMRX - Free Report) was a big mover last session, as its shares rose just over 8% on the day. The rise came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as it is now trading above the volatile price range of $15.11 to $19.60 in the past one-month timeframe.

In the last 30-day frame, 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.

Chimerix currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Other better-ranked stocks in the medical sector include Baxter International Inc. (BAX - Free Report) , Baxano Surgical, Inc. and Covidien plc . All three carry a Zacks Rank #2 (Buy).

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