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Tuesday's Health Winners & Losers

Myriad Genetics (MYGN - Get Report) was trading higher after the company reported a fiscal second-quarter loss that beat analysts' expectations. After touching a 52-week high of $37.35, the stock was recently up $1.28, or 3.7%, to $36.33.

Shares of MedImmune (MEDI) were rising 1.7% even after Thomas Weisel Partners downgraded the stock to market-weight from overweight, citing a lack of new drugs in the pipeline. MedImmune, which is set to report fourth-quarter earnings on Wednesday, was recently up 58 cents to $34.22.

Among losers, Mentor (MNT), a Santa Barbara, Calif.-based maker of breast implants, posted fiscal third-quarter earnings that beat the Thomson First Call consensus, but its shares were still falling. Mentor was down $2.36, or 4.5%, to $50.32.

Elsewhere, Xoma Ltd. (XOMA - Get Report) was gaining 10.1% at $3.06, Martek Biosciences (MATK) was climbing 5.6% to $24.31, and Elan (ELN) was higher by 1.2% at $13.37.

Meanwhile, Nektar Therapeutics (NKTR) was slumping 3.7% to $11.73, Biogen Idec (BIIB - Get Report) shed 1.1% to $48.49, and Dow component Johnson & Johnson (JNJ - Get Report) was off 0.5% at $65.94.

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SYM TRADE IT LAST %CHG
ELN $0.00 0.00%
BIIB $313.34 -2.06%
MYGN $33.32 -1.13%
XOMA $0.83 -5.24%
JNJ $99.73 0.00%

Markets

Chart of I:DJI
DOW 17,751.39 +121.12 0.69%
S&P 500 2,108.57 +15.32 0.73%
NASDAQ 5,111.7330 +22.5270 0.44%

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