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Biogen Idec Inc. (NASDAQ: BIIB) shares declined 0.25 percent to close at $296.72 a share Wednesday. The stock traded between $292.32 and $298.63 on volume 1.04 million shares traded. Stifel Nicolaus analyst Joel Sendek expects the company’s revenue from Avonex to total $2.46 billion in 2014. Shares of Biogen Idec have gained approximately 105.0 percent in the past year.
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NuVasive, Inc. (NASDAQ: NUVA) shares spiked 8.53 percent to close at $36.66 a share Wednesday. The stock traded between $36.35 and $37.25 on volume of 2.06 million shares traded. The company announced that preliminary revenues for the full year 2013 are expected to be roughly $683.0 million, an increase of 10.0 percent year-over-year. Shares of NuVasive have gained approximately 110.0 percent in the past year.
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Regeneron Pharmaceuticals Inc. (NASDAQ: REGN) shares declined 4.27 percent to close at $287.49 a share Wednesday. The stock traded between $286.02 and $295.88 on volume 1.34 million shares traded. Shares pulled back after spiking 12 percent Tuesday as the company announced better-than-expected sales figures for its drug Eylea. Shares of Regeneron Pharmaceuticals have gained approximately 60.0 percent in the past year.
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WellCare Health Plans, Inc. (NYSE: WCG) shares gained 2.35 percent to close at $72.71 a share Wednesday. The stock traded between $71.14 and $73.44 on volume 591,644 shares traded. In a recent regulatory filing the company stated that it expects premium revenue for 2013 to be in the range of $9.35 billion to $9.40 billion. Shares of WellCare Health Plans have gained approximately 55.0 percent in the past year.
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