Forest Laboratories Inc. (FRX): Today's Featured Drugs Winner
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. Forest Laboratories (FRX) pushed the Drugs industry higher today making it today's featured drugs winner. The industry as a whole closed the day down 0.6%. By the end of trading, Forest Laboratories rose 38 cents (1.1%) to $35.04 on heavy volume. Throughout the day, 3.4 million shares of Forest Laboratories exchanged hands as compared to its average daily volume of 1.9 million shares. The stock ranged in a price between $34.55-$35.45 after having opened the day at $34.66 as compared to the previous trading day's close of $34.66. Other companies within the Drugs industry that increased today were: StemCells (STEM), up 21.7%, Sarepta Therapeutics (SRPT), up 14.3%, Repros Therapeutics (RPRX), up 10.6%, and Neuralstem (CUR), up 9.6%.
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