Erratic Trading Showing Unusual Volume in Shares of MyoKardia, Inc. (NASDAQ:MYOK) and Aradigm Corporation (NASDAQ:ARDM)

Shares of MyoKardia, Inc. (NASDAQ:MYOK) are experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $31.17 at the time of writing.  The day’s total volume of 7754618 this morning is in contrast from the three-month daily average of 164.56K.  When we divide the current volume by the three-month average volume, we get a relative volume of 55.35.

Looking Back

MyoKardia, Inc. (NASDAQ:MYOK)‘s market cap, the total dollar value of all of their outstanding shares, is 526.85m.  Including today’s unusual volume, MyoKardia, Inc.‘s stock is performing at 32.43% on the year.  For the week, the stock is performing 8.89%.  Over the past month the firm’s stock is 27.51%, 30.42% for the last quarter, 41.74% for the past six-months and -3.05% for the last year.

Current levels places MyoKardia, Inc. (NASDAQ:MYOK)’s stock about 81.25% from the 50-day high and 155.53% away from the 50-day low.  

Aradigm Corporation (NASDAQ:ARDM) stock is experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $1.45.  The day’s total volume of 141368 this morning is in contrast from the three-month daily average of 58.39K.  When we divide the current volume by the three-month average volume, we get a relative volume of 2.84.

Aradigm Corporation (NASDAQ:ARDM)‘s market cap, the total dollar value of all of their outstanding shares, is 16.90m.  Including today’s unusual volume, Aradigm Corporation‘s stock is performing at -29.38% on the year.  For the week, the stock is performing -19.31%.  Over the past month the firm’s stock is -11.02%, 6.60% for the last quarter, -41.15% for the past six-months and -75.96% for the last year.

Current levels places Aradigm Corporation (NASDAQ:ARDM)’s stock about -18.54% from the 50-day high and 31.82% away from the 50-day low.  

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