Allos Therapeutics (ALTH) NewsBite - Stock Offering Pulls Down ALTH

Posted: Wednesday, October 07, 2009 11:00 AM EDT
By: Market Intelligence Center Staff





Allos Therapeutics (NGM: ALTH) opened at $7.19. So far today, the stock has hit a low of $7.12 and a high of $7.39. ALTH is now trading at $7.18, down $0.14 (-1.85%). Over the last 52 weeks the stock has ranged from a low of $3.82 to a high of $9.30. ALTH shares are declining this morning after the company priced an offering of 14 million shares at $7.10 per share. Technical indicators for the stock are bearish and S&P does not currently have a STARS rating for ALTH. If you are looking for a hedged play on ALTH the stock seems like it could be a candidate for a January out-of-the-money bear-call credit spread above the 10 range. [ABR-Seven Summits Strategic Investments NewsBite]



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More News For Allos Therapeutics (ALTH):

Allos Therapeutics (ALTH) NewsBite - ALTH Loses 3.6% After JPM Securities Downgrade

Thursday, July 21, 2011... Allos Therapeutics (ALTH) was downgraded today by analysts at JMP Securities and the stock is now at $1.87, down $0.07 (-3.61%) on volume of......

http://www.marketintelligencecenter.com/newsbites/1288727

Allos Therapeutics (ALTH) NewsBite - ALTH Downgraded By Needham

Wednesday, May 11, 2011... Allos Therapeutics (ALTH) was downgraded today by analysts at Needham and the stock is now at $2.48, down $0.37 (-12.98%) on volume of 4,441,569......

http://www.marketintelligencecenter.com/newsbites/1272536

Allos Therapeutics (ALTH) Is One Of Today's Top Losers

Wednesday, July 28, 2010... Allos Therapeutics (ALTH) leads the list of top losers so far today and is now at $5.02, down $0.68 (-11.93%) on volume of 5,962,063 shares traded......

http://www.marketintelligencecenter.com/newsbites/1155033

Allos Therapeutics (ALTH) Is One Of Today's Top Losers

Tuesday, March 02, 2010... Allos Therapeutics (ALTH) leads the list of top losers so far today and is now at $7.11, down $.89 (-11.12%) on volume of 3,254,803 shares traded......

http://www.marketintelligencecenter.com/newsbites/1058222

Allos Therapeutics (ALTH) NewsBite - JP Morgan Starts ALTH at Overweight

Friday, January 08, 2010... Allos Therapeutics (NASDAQ: ALTH) opened at $6.98. So far today, the stock has hit a low of $6.86 and a high of $7.30. ALTH is now trading at $7.12......

http://www.marketintelligencecenter.com/newsbites/1022916


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