CONTACT: Levi & Korsinsky, LLP Joseph Levi, Esq. Eduard Korsinsky, Esq.30 Broad Street - 15th Floor New York, NY 10004 Tel: (212) 363-7500Toll Free: (877) 363-5972Fax: (212) 363-7171 www.zlk.comSOURCE Levi & Korsinsky, LLP
Pacific Biosciences of California, AMAG Pharmaceuticals and Global Blood Therapeutics were among the biotech stock movers in premarket trading on Tuesday.
The healthcare sector was dragged down by reports of price collusion and worse-than-expected third-quarter profits.
Trade-Ideas LLC identified Pacific Biosciences of California (PACB) as a "perilous reversal" (up big yesterday but down big today) candidate