Wyeth (WYE) NewsBite - Wyeth Is Moving Higher With Drug Manufacturing Sector

Posted: Tuesday, October 06, 2009 12:40 PM EDT

Wyeth (NYSE: WYE) opened at $48.45. So far today, the stock has hit a low of $48.42 and a high of $48.97. WYE is now trading at $48.89, up $.64 (1.33%). The stock hit its 52-Week high of $48.80 in September and set its 52-Week low of $28.06 in last October. Wyeth stock is rising today along with the entire drug manufacturing industry which has risen by 1.3% on the day. Technical indicators for the stock are neutral and S&P gives WYE a neutral 3 STARS (out of 5) hold ranking. We will just watch this one for now. There are no hedged trades we like the look of for WYE. [ABR-Seven Summits Strategic Investments NewsBite]

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