Yahoo Finance Acorda Therapeutics (ACOR) Jumps: Stock Adds 6.5% in Session
Acorda Therapeutics, Inc. ACOR was a big mover last session, as its shares rose above 6% on the day. The move came after the United States Patent and Trademark Office (USPTO) Patent Trials and Appeal Board (PTAB) upheld all four patents challenged via the inter partes review (IPR) process. This also led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up above 21% in the past one-month time frame.
The company has seen two positive and two negative estimate revisions in the past one-month time frame and its Zacks Consensus Estimate moved lower over the same period, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
Acorda Therapeutics currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is negative.
Acorda Therapeutics, Inc. Price
Acorda Therapeutics, Inc. Price | Acorda Therapeutics, Inc. Quote
A better-ranked stock in the Medical - Biomedical and Genetics space is Cellectis, S.A. CLLS sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is ACOR going up? Or down? Predict to see what others think: Up or Down
More Stock News: 8 Companies Verge on Apple-Like Run
Did you miss Apple's 9X stock explosion after they launched their iPhone in 2007? Now 2017 looks to be a pivotal year to get in on another emerging technology expected to rock the market. Demand could soar from almost nothing to $42 billion by 2025. Reports suggest it could save 10 million lives per decade which could in turn save $200 billion in U.S. healthcare costs.
A bonus Zacks Special Report names this breakthrough and the 8 best stocks to exploit it. Like Apple in 2007, these companies are already strong and coiling for potential mega-gains. Click to see them right now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Acorda Therapeutics, Inc. (ACOR): Free Stock Analysis Report
Cellectis S.A. (CLLS): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
