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Actionable news in AKRX: Akorn, Inc.,

Akorn (AKRX) Is Today's Dead Cat Bounce Stock

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

  • AKRX has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $44.2 million.
  • AKRX has traded 63,710 shares today.
  • AKRX is up 5.8% today.
  • AKRX was down 6.1% yesterday.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in AKRX with the Ticky from Trade-Ideas. See the FREE profile for AKRX NOW at Trade-Ideas More details on AKRX: Akorn, Inc. develops, manufactures, and markets generic and branded prescription pharmaceuticals, as well as animal and over-the-counter (OTC) consumer health products in the United States and internationally. It operates through two segments, Prescription Pharmaceuticals and Consumer Health. AKRX has a PE ratio of 86. Currently there are 8 analysts that rate Akorn a buy, no analysts rate it a sell, and 5 rate it a hold. The average volume for...


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