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Actionable news in MACK: Merrimack Pharmaceuticals, Inc.,

Today's Dead Cat Bounce Stock Is Merrimack Pharmaceuticals (MACK)

Trade-Ideas LLC identified Merrimack Pharmaceuticals ( MACK) as a "dead cat bounce" (down big yesterday but up big today) candidate. In addition to specific proprietary factors, Trade-Ideas identified Merrimack Pharmaceuticals as such a stock due to the following factors:

  • MACK has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $19.5 million.
  • MACK has traded 124,161 shares today.
  • MACK is up 7.9% today.
  • MACK was down 13% yesterday.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in MACK with the Ticky from Trade-Ideas. See the FREE profile for MACK NOW at Trade-Ideas More details on MACK: Merrimack Pharmaceuticals, Inc., a biopharmaceutical company, engages in discovering, developing, and preparing to commercialize medicines paired with companion diagnostics for the treatment of cancer primarily in the United States. Currently there are 6 analysts that rate Merrimack Pharmaceuticals a buy, no analysts rate it a sell, and none rate it a hold. The average volume for Merrimack Pharmaceuticals has been 1.5 million shares per day over the past 30 days. Merrimack has...