Dallas, TX 10/16/2009 12:05:56 AM
CXM, KAD, AMED are The Top Losers from Healthcare Sector
Top Losing stocks
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Cardium Therapeutics Inc. (AMEX:CXM) plunges 16.43% or $0.23 to $1.17 on a volume of 7.38 million shares in early morning trade after the company announced the publication of positive findings from the open label multi-center Phase 1/2 clinical study of Excellarate (GAM501, Ad5PDGF-B / 2.6% collagen), its product candidate for the potential treatment of non-healing diabetic foot ulcers. Cardium Therapeutics, Inc. is a medical technology development-stage company.
Arcadia Resources, Inc. (AMEX:KAD) fell 2.56% or $0.020 to $0.760 on over 114K shares on no news. The stock hit an intraday high and intraday low of $0.80 and $0.76 respectively. So far the stock price jumped up 20% in last three months of trade. Arcadia Resources, Inc., together with its wholly-owned subsidiaries, is a national provider of home care, medical staffing, and pharmacy services operating under the service mark Arcadia HealthCare.
Amedisys, Inc. (NASDAQ:AMED) corrected 5.31% or $2.38 to $42.46 on over 1.50 million shares on no news. The stock hit an intraday high and intraday low of $44.69 and $41.60 respectively. So far the stock price jumped up 23% in last three months of trade. Amedisys, Inc. is a provider of home health services to the chronic, co-morbid, aging American population. The services that the Company provides include both home health and hospice services with approximately 87% of its revenue derived from Medicare.
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