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MyoKardia (MYOK) in Focus: Stock Moves 7.3% Higher

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MyoKardia, Inc. MYOK was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company —as the stock is now up 22.5% in the past one-month time frame.

The move came after the company announced positive efficacy, safety and biomarker data for its investigational drug, mavacamten.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

MyoKardia currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

MyoKardia, Inc. Price

MyoKardia, Inc. Price | MyoKardia, Inc. Quote

Investors interested in the Medical - Biomedical and Genetics industry may consider a better-ranked stock like Celcuity, Inc. CELC, which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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