Dendreon (DNDN) Volatility Higher; Shares at Intraday Lows

May 15, 2012 1:53 PM EDT
Dendreon Corp. (Nasdaq: DNDN) volatility is higher with shares lower on the session.

After starting off in positive territory Tuesday, Dendreon has trickled lower and is now down 1.8 percent.

Implied volatility is up 8.2 percent from Monday's close and currently at 120 percent of its annual historical average.

Volume is light, at about 2.2 million shares from its 7.76 million share daily average over the last three months.


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