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Top 5 Companies in the Biotechnology Industry with the Best Relative Performance (ACOR , ACAD , INSM , VCYT , XNCR )

By Nick Russo

Here are the top 5 stocks in the Biotechnology industry ranked by performance. We compiled the trading activity from yesterday and then analyzed the industry looking for stocks that were outperforming. This is what we found:

Acorda Therapeut (NASDAQ:ACOR ) ranks first with a gain of 5.28%; Acadia Pharmaceu (NASDAQ:ACAD ) ranks second with a gain of 3.71%; and Insmed Inc (NASDAQ:INSM ) ranks third with a gain of 3.44%.

Veracyte Inc (NASDAQ:VCYT ) follows with a gain of 3.13% and Xencor Inc (NASDAQ:XNCR ) rounds out the top five with a gain of 3.03%.

SmarTrend recommended that its subscribers protect gains by selling shares of Veracyte Inc on September 13th, 2018 by issuing a Downtrend alert when the shares were trading at $11.05. Since that call, shares of Veracyte Inc have fallen 10.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: relative performance acorda therapeut acadia pharmaceu insmed inc veracyte inc xencor inc