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Cardiome Pharma (CRME) Jumps: Stock Adds 6.6% in Session

Zacks Equity Research
Updated

Cardiome Pharma Corp. CRME was a big mover last session, as the company saw its shares rise over 6% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $2.95 to $3.10 in the past one-month time frame.

None of the estimates for this stock were revised in the last 30 days and the Zacks Consensus Estimate also remained unchanged. Friday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Currently, Cardiome Pharma carries a Zacks Rank #4 (Sell).

Cardiome Pharma Corporation Price

 

Cardiome Pharma Corporation Price | Cardiome Pharma Corporation Quote

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A better-ranked stock in the same industry is Infinity Pharmaceuticals, Inc. INFI, sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is CRME going up? Or down? Predict to see what others think: Up or Down

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Cardiome Pharma Corporation (CRME): Free Stock Analysis Report
 
Infinity Pharmaceuticals, Inc. (INFI): Free Stock Analysis Report
 
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Zacks Investment Research