Stocks Crossing 50-Day SMA 11/13: (DVAX) (ARNA) (DKS) Above; (CELG) (ALU) (PMT) Below

November 13, 2012 2:52 PM EST
Crossing and above:
  • Dynavax (Nasdaq: DVAX) - up 13.6 percent. Higher as the FDA said its heplisav is seen as safe as Glaxo's (NYSE: GSK) Engerix-B.

  • Arena Pharma (Nasdaq: ARNA) - up 2.2 percent. Arena continuing higher as it looks to add on to a three-session winning streak. Today, the pharma is presenting at the Lazard Capital Markets 9th Annual Healthcare Conference and it will present at the Credit Suisse Healthcare Conference tomorrow.

  • Dicks Sporting Goods, Inc. (NYSE: DKS) - up 5.6 percent. Beat Q3 EPS expectations by 3 cents, while boosting its fourth-quarter and FY12 EPS outlook. For more color, click here.
Crossing and below:
  • Celgene Corp. (Nasdaq: CELG) - down 1.2 percent. Celgene investors taking a little off the table today following release Monday.

  • Alcatel-Lucent (NYSE: ALU) - down 3.5 percent. Alcatel experiencing a little more resistance after briefly popping above the 50-day SMA last week. The stock has largely been below the level since April of this year.

  • PennyMac Mortgage Investment Trust (NYSE: PMT) - down 4.5 percent. Said it elected Nancy McAllister and Preston DuFauchard to its Board of Trustees. For more color, click here.

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