Rockwell Medical (RMTI) and Keryx (KERX) Move in Opposite Directions
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Price: $7.96 -1%
Rating Summary:
12 Buy, 2 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 3 | Down: 5 | New: 34
Rating Summary:
12 Buy, 2 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 3 | Down: 5 | New: 34
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Several related biotech stocks were on the move on Tuesday, Rockwell Medical, Inc. (Nasdaq: RMTI), which traded lower, and Keryx Biopharmaceuticals Inc. (Nasdaq: KERX), which traded higher. Kerx is developing an iron drug for kidney disease patients. Rockwell reported phase 3 data on its experimental iron drug on July 11th. On July 12th, Brean analyst Jonathan Aschoff said results were hardly a threat to Keryx.
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