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Stocks Crossing 50-Day SMA 01/09: (MRVL) (DVAX) (PG) Above; (NVDA) (NUS) Below

January 9, 2013 3:01 PM EST
Crossing and above:
  • Marvell (Nasdaq: MRVL) - up 2.5 percent. After slumping in late December on a patent infringement verdict, Marvell has strung together seven-consecutive trading sessions of gains, eight if you count today. Shares have nearly filled the gap created on December 26th.

  • Dynavax (Nasdaq: DVAX) - up 7.0 percent. Making a strong move above the $3.05 to $3.10 level today on volume. Shares fell in mid-November on an FDA panel vote that Heplisav vaccine unsafe as Hep B treatment.

  • Proctor & Gamble (NYSE: PG) - up 0.4 percent. P&G getting a little pop today after appointing Macy's CEO Lundgren to Board and declaring a quarterly dividend earlier.
Crossing and below:
  • NVIDIA (Nasdaq: NVDA) - down 2.5 percent. Seeing a little activity this week as competitors are pushing new chip ideas at CES.

  • Nu Skin Enterprises Inc. (NYSE: NUS) - down 1.1 percent. Had been stringing together a nive nine-sessions until Dan Loeb disclosed a new 8.24 percent stake in Herbalife (NYSE: HLF) earlier today.


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Daniel Loeb, Third Point LLC, Dividend, Stocks crossing the 50-day simple moving average