Today’s Research Reports on Trending Tickers: Abeona Therapeutics and Spark Therapeutics

NEW YORK, NY / ACCESSWIRE / April 10, 2018 / U.S. markets rallied in early trading Monday on the strength of technology stocks and the easing of trade relations between the U.S. and China. However, most of the day’s gains were lost in the final minutes of trading following news that FBI raided President Trump’s personal lawyer’s office. The Dow Jones Industrial Average gained 0.19 percent to close at 23,979.10, while the S&P 500 Index rose 0.33 percent to close at 2,613.16. The tech-heavy Nasdaq Composite Index jumped 0.51 percent to close at 6,950.34. All of the FANG (Facebook, Amazon, Netflix and Google’s parent company Alphabet) saw gains of over 1.0 percent.

“Right now, investors are learning how Trump operates in negotiating. He made an initial stance, trying to get the other side to cave in a bit, but recent commentary toward China has been more reserved and friendly, which is why we’re higher today,” said Sam Stovall, chief investment strategist of U.S. equity strategy at CFRA, according to CNBC.

RDI Initiates Coverage on:

Abeona Therapeutics Inc.
https://rdinvesting.com/news/?ticker=ABEO

Spark Therapeutics, Inc.
https://rdinvesting.com/news/?ticker=ONCE

Abeona Therapeutics’ stock jumped 18.21% Monday, to close the day at $16.55. The stock recorded a trading volume of 2,221,025 shares, which was above its three months average volume of 1,108,475 shares. In the last year, Abeona Therapeutics’ shares have traded in a range of 4.55 – 22.75. The share price has gained 263.74% from its 52 week low. The company’s shares are currently trading above their 200-day moving average. The stock’s 50-day moving average of $14.47 is below its 200-day moving average of $15.66. Shares of Abeona Therapeutics have gained roughly 8.17 percent in the past month and are up 4.42 percent year-to-date.

Access RDI’s Abeona Therapeutics Inc. Research Report at:
https://rdinvesting.com/news/?ticker=ABEO

On Monday, shares of Spark Therapeutics recorded a trading volume of 1,587,082 shares, which was above the three months average volume of 677,704 shares. The stock ended the day 13.37% higher at 70.36. The share price has gained 71.36% from its 52-week low with a 52-week trading range of 41.06 – 91.75. The company’s shares are currently trading above their 200-day moving average. The stock’s 50-day moving average of $62.13 is below its 200-day moving average of $66.13. Shares of Spark Therapeutics have gained roughly 14.26 percent in the past month and are up 36.83 percent year-to-date.

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

Our Actionable Research on Abeona Therapeutics Inc. (NASDAQ:ABEO) and Spark Therapeutics, Inc. (NASDAQ:ONCE) can be downloaded free of charge at Research Driven Investing.

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Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker-dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

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