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Pre-Market Analysis: MannKind, Galena Biopharma, Ariad Pharma, and Novavax
Date:8/2/2013

LONDON, August 2, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

On Thursday, August 1, 2013, shares in biotechnology companies ended mostly higher, tracking the broader market which also finished high on the back of positive US economic statistics. The major movers in the industry included MannKind Corporation (NASDAQ: MNKD), Galena Biopharma Inc. (NASDAQ: GALE), Ariad Pharmaceuticals Inc. (NASDAQ: ARIA), and Novavax Inc. (NASDAQ: NVAX). All these companies are tracked by AAAResearchReports.com. Free technical research on MNKD, GALE, ARIA, and NVAX can be downloaded upon sign up at:

http://www.aaaresearchreports.com/register/  

Shares in MannKind Corporation rallied on Thursday, extending their gains from previous trading sessions. The company's shares hit a 52-week high of $8.25 before finishing the day 4.15% higher at $8.03. A total of 11.33 million shares were traded, which is above the daily average volume of 6.32 million. The stock has gained 10.45% in the last three trading sessions and 18.26% in the last one month as compared to a gain of 1.28% and 5.69% in the S&P 500 during the respective periods. Sign up and read the complimentary report on MNKD at:

http://www.AAAResearchReports.com/MNKD080213.pdf

Galena Biopharma Inc.'s stock surged on Thursday, finishing at $2.09, up 7.18% from its previous closing price. The company's shares fluctuated between $1.95 and $2.10. A total of 2.87 million shares were traded, which is above the daily average volume of 1.86 mill
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