Today’s Research Reports on Trending Tickers: Bellicum Pharmaceuticals and Cascadian Therapeutics

NEW YORK, NY / ACCESSWIRE / February 9, 2018 / U.S. markets continued to plunge alongside rising interest rates on Thursday. The Dow Jones Industrial Average dropped 4.15 percent to close at 23,860.46, while the S&P 500 Index fell 3.75 percent to close at 2,581.00. The Dow Jones is currently on pace to post its largest weekly decline since October of 2008. The Nasdaq Composite Index declined 3.90 percent to close at 6,777.16. The yield on the benchmark 10-year U.S. Treasury note touched a high of 2.88 percent before settling to close at 2.848 percent on Thursday.

“The big news revolves around bond yields continuing their recent ascent,” said Mark Newton, managing member at Newton Advisors, according to CNBC. “Getting over 3.05 percent would indeed break the 30-year downtrend and be very important to suggesting yields should begin a long-term trend higher.”

RDI Initiates Coverage on:

Bellicum Pharmaceuticals, Inc.
https://rdinvesting.com/news/?ticker=BLCM

Cascadian Therapeutics, Inc.
https://rdinvesting.com/news/?ticker=CASC

Bellicum Pharmaceuticals’ stock fell 10.58% Thursday, to close the day at $5.66. The stock recorded a trading volume of 1,065,975 shares, which was above its three months average volume of 683,496 shares. In the last year, Bellicum Pharmaceuticals’ shares have traded in a range of 5.02 – 15.55. The stock is currently trading 63.60% below its 52 week high. The company’s shares are currently trading below their 200-day moving average. The stock’s 50-day moving average of $8.15 is below its 200-day moving average of $9.60. Shares of Bellicum Pharmaceuticals have fallen roughly 39.85 percent in the past month and are down 32.7 percent year-to-date.

Access RDI’s Bellicum Pharmaceuticals, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=BLCM

On Thursday, shares of Cascadian Therapeutics recorded a trading volume of 1,023,012 shares, which was above the three months average volume of 835,832 shares. The stock ended the day 0.10% lower at 9.97. The share price has gained 213.52% from its 52 week low with a 52 week trading range of 3.18 – 10.21. The company’s shares are currently trading above their 200-day moving average. The stock’s 50-day moving average of $5.22 is greater than its 200-day moving average of $4.28. Shares of Cascadian Therapeutics have gained roughly 180.06 percent in the past month and are up 169.46 percent year-to-date.

Access RDI’s Cascadian Therapeutics, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=CASC

Our Actionable Research on Bellicum Pharmaceuticals, Inc. (NASDAQ:BLCM) and Cascadian Therapeutics, Inc. (NASDAQ:CASC) can be downloaded free of charge at Research Driven Investing.

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