AbbVie Inc (NYSE:ABBV), Southern Co (NYSE:SO)

On Thursday, Shares of AbbVie Inc (NYSE:ABBV), added 2.17% and closed at $64.00 in the last trading session. The last trading range of the stock ranges between $62.79 and $65.05. The company’s Market capitalization is $110.78 Billion with the total Outstanding Shares of 1.63 billion. AbbVie (ABBV), a global biopharmaceutical company, recently declared that the U.S. Food and Drug Administration (FDA) has granted Orphan Drug Designation to veliparib, an oral poly (adenosine diphosphate [ADP]-ribose) polymerase (PARP) inhibitor, being investigated in combination with chemotherapies, such as carboplatin and paclitaxel, or radiation for the treatment of advanced squamous non-small cell lung cancer (NSCLC).

PARP is a naturally-occurring enzyme in the body that repairs damage to DNA in cells. While this repair is a useful process to maintain the integrity of healthy cells, the same process may also assist repair DNA in cancer cells, causing them to survive.3 Researchers are investigating whether veliparib, a PARP inhibitor, in combination with DNA damaging therapies, such as chemotherapy or radiation, may lessen the repair of DNA damage in cancer cells, eventually causing some cells to die.3

Technical Analysis: During the 52-week trading session the minimum price at which share price traded, registered at $50.71 and reached to max level of $68.12. The EPS of company is strolling at 3.72.

Shares of Southern Co (NYSE:SO), dropped -2.66% and closed at $47.91 in the last trading session. The last trading range of the stock ranges between $47.08 and $49.02. The company’s Market capitalization is $45.53 Billion with the total Outstanding Shares of 980.20 million. Georgia Power recently declared a $900,000 donation from the Georgia Power Foundation to the Atlanta Police Foundation to benefit the Atlanta Police Department (APD). The donation will be used to purchase tactical body armor counting bulletproof vests and helmets for all APD officers to improve officers’ ability to safely respond to active shooter events. The Georgia Power Foundation made the donation as a result of a public call for support from the business community by Atlanta Mayor Kasim Reed.

Technical Analysis: During the 52-week trading session the minimum price at which share price traded, registered at $43.72 and reached to max level of $54.64. The EPS of company is strolling at 2.62.

Leave a Reply

Your email address will not be published. Required fields are marked *