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Actionable news in ABBV: ABBVIE Inc,

Today's Dead Cat Bounce Stock: AbbVie (ABBV)

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

  • ABBV has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $591.7 million.
  • ABBV has traded 1.6 million shares today.
  • ABBV is up 3.7% today.
  • ABBV was down 10.3% yesterday.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in ABBV with the Ticky from Trade-Ideas. See the FREE profile for ABBV NOW at Trade-Ideas More details on ABBV: AbbVie Inc. discovers, develops, manufactures, and sells pharmaceutical products worldwide. The stock currently has a dividend yield of 3.7%. ABBV has a PE ratio of 43. Currently there are 8 analysts that rate AbbVie a buy, no analysts rate it a sell, and 2 rate it a hold. The average volume for AbbVie has been 10.1 million shares per day over the past 30 days. AbbVie has a market cap of $90.8 billion and is part of the health...