In trading on Wednesday, shares of Medivation Inc (MDVN) crossed below their 200 day moving average of $51.11, changing hands as low as $51.05 per share. Medivation Inc shares are currently trading off about 2.9% on the day. The chart below shows the one year performance of MDVN shares, versus its 200 day moving average:
Looking at the chart above, MDVN's low point in its 52 week range is $37.33 per share, with $59.24 as the 52 week high point — that compares with a last trade of $51.19.
According to the ETF Finder at ETF Channel, MDVN makes up 2.31% of the SPDR S&P Biotech ETF (XBI) which is trading lower by about 2.5% on the day Wednesday.