Aegerion Stock Falls On Unusually High Volume (AEGR)
Aegerion Pharmaceuticals (Nasdaq:AEGR) is trading at unusually high volume Friday with 1.1 million shares changing hands. It is currently at two times its average daily volume and trading down $2.70 (-4.4%).
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. NEW YORK ( TheStreet) -- Aegerion Pharmaceuticals (Nasdaq: AEGR) is trading at unusually high volume Friday with 1.1 million shares changing hands. It is currently at two times its average daily volume and trading down $2.70 (-4.4%) at $59 as of 12:31 p.m. ET.
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Aegerion has a market cap of $1.35 billion and is part of the health care sector and drugs industry. Shares are up 85.1% year to date as of the close of trading on Thursday. Aegerion Pharmaceuticals, Inc., a biopharmaceutical company, engages in the development and commercialization of novel therapeutics to treat debilitating and fatal rare diseases in the United States. TheStreet Ratings rates Aegerion as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income and feeble growth in its earnings per share. You can view the full Aegerion Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.