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Arch Coal Inc. (NYSE: ACI) shares spiked 5.0 percent to close at $3.78 a share Friday. The stock traded between $3.64 and $3.90 on volume of 14.25 million shares traded. The company announced it has agreed to divest its non-core Utah operations to Bowie Resources for $435 million in cash. Shares of Arch Coal have fallen approximately 48.4 percent year-to-date.
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Amedisys Inc. (NASDAQ: AMED) shares declined 12.69 percent to close at $11.60 a share Friday. The stock traded between $9.51 and $12.15 on volume of 3.13 million shares traded. Shares of home health-care stocks fell sharply after the Centers for Medicare & Medicaid Services proposed a rate cut of 3.5 percent per year over the next four years. Shares of Amedisys are up approximately 2.6 percent year-to-date.
Get more information on Amedisys and free access to the in-depth equity report at: www.FiveStarEquities.com/AMED
Dendreon Corporation (NASDAQ: DNDN) shares increased 0.98 percent to close at $4.12 a share Friday. The stock traded between $4.12 and $4.49 on volume of 12.40 million shares traded. The company announced that it has received a positive opinion for PROVENGE from the European Medicines Agency Committee for Medicinal Products for Human Use. Shares of Dendreon have fallen approximately 22.1 percent year-to-date.
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Renren Inc. (NYSE: RENN) shares jumped 5.28 percent to close at $2.99 a share Friday. The stock traded between $2.88 and $3.04 on volume of 2.89 million shares traded. The company’s Board of Directors has authorized a new $100 million share repurchase program. Shares of Renren have fallen approximately 13.3 percent year-to-date.
Get more information on Renren and free access to the in-depth equity report at: www.FiveStarEquities.com/RENN
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