The "Chart of the Day" is Pharmacyclics (PCYC), which showed up on Tuesday's Barchart "All-Time High" list. Pharmacyclics on Tuesday rallied to a new all-time high of 34.17 and closed up 5.28%. TrendSpotter has been long since May 16 at $29.31. In recent news on the stock, Roth Capital on June 5 reiterated its Buy rating on the stock and its $42 target and said that Pharmacyclics' Phase II data for its ibrutinib cancer treatment is "dazzling." Pharmacyclics, with a market cap of $2.1 billion, is a pharmaceutical company developing products to improve upon therapeutic approaches to cancer, atherosclerosis and retinal disease.
Friday, June 8, 2012
Chart of the Day - Pharmacyclics (PCYC)
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