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Actionable news in ABMD: ABIOMED, Inc.,

Today's Dead Cat Bounce Stock: Abiomed (ABMD)

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

  • ABMD has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $85.3 million.
  • ABMD has traded 92,622 shares today.
  • ABMD is up 5.7% today.
  • ABMD was down 28.6% yesterday.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in ABMD with the Ticky from Trade-Ideas. See the FREE profile for ABMD NOW at Trade-Ideas More details on ABMD: ABIOMED, Inc. researches, develops, and sells medical devices in circulatory support and continuum of care in heart recovery to acute heart failure patients. ABMD has a PE ratio of 31. Currently there are 4 analysts that rate Abiomed a buy, no analysts rate it a sell, and 4 rate it a hold. The average volume for Abiomed has been 819,500 shares per day over the past 30 days. Abiomed has a market cap of $4.0 billion and is part of the...