user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 436575 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Stock Investors Bid Up Shares of Acorda Therapeutics, Up 2.4%

Published on Tue, 02/05/2013 - 13:17
By Peter Chu

Acorda Therapeutics (NASDAQ:ACOR) is one of today's biggest movers, up 2.4% to $29.35. The Dow Jones Industrial Average is now trading 0.7% higher to 13,984 and the S&P is trading 0.9% higher to 1,509.

Acorda Therapeutics Inc. is a biotechnology company that is developing therapies for spinal cord injury and related neurological conditions, including multiple sclerosis. Additionally, Acorda is developing multiple approaches to regeneration and repair of the spinal cord and brain.

Acorda Therapeutics (NASDAQ:ACOR) has potential upside of 5.2% based on a current price of $29.35 and analysts' consensus price target of $30.88. The stock should discover initial support at its 50-day moving average (MA) of $26.45 and subsequent support at its 200-day MA of $24.61.

Acorda Therapeutics share prices have moved between a 52-week high of $29.79 and a 52-week low of $21.04 and are now trading 39% above that low price at $29.35 per share. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 1.0%.

By Peter Chu
pchu@fnno.com

Latest News from FNNO

Recent 52-Week Low Surpassed in Shares o...

World Acceptance (NASDAQ:WRLD) traded today at a new 52-week low of $66.83. This new l ...

Watch for Continued Losses in Shares of ...

Shares of Westport Innovations (NASDAQ:WPRT) traded at a new 52-week low today of $7.40 ...

Shares of Wausau Paper Fall to a New 52-...

Shares of Wausau Paper (NYSE:WPP) traded today at $7.82, breaking its 52-week low. So ...

Encore Wire: The Losing Streak Continues...

Encore Wire (NASDAQ:WIRE) traded today at a new 52-week low of $36.27. This new low wa ...

Walter Investment Management Looks to Co...

Walter Investment Management (AMEX:WAC) traded at a new 52-week low today of $21.30. S ...

Watch for Continued Losses in Shares of ...

Volcano (NASDAQ:VOLC) traded today at a new 52-week low of $10.36. So far today approx ...

Shares of Meridian Bioscience Fall Below...

Meridian Bioscience (NASDAQ:VIVO) traded today at a new 52-week low of $17.46. This ne ...

Shares of Ur-Energy Fall Below Previous ...

Ur-Energy (AMEX:URG) traded today at a new 52-week low of $0.98. Approximately 1 milli ...