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Dendreon (DNDN) in Focus: Stock Up 9.4%

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Dendreon Corp. was a big mover last session, as the company saw its shares rise over 9% on the day. This rally higher can be attributable to solid volume 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 $1.32 to $1.40 in the past one-month time frame.

The company has seen 1 positive estimate revision in the past month, while its Zacks Consensus Estimate, which is pegged at a loss, remained unchanged over the same period, However, the recent price action is encouraging, so make sure to keep a close watch on this firm in the near future.

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

Other attractive players in the med-biomed industry include Heska Corporation (HSKA - Free Report) , Illumina Inc. (ILMN - Free Report) and Cambrex Corporation. (CBM - Free Report) all carrying a Zacks Rank #1 (Strong Buy).

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