Biotech Top Losers – Dendreon Corporation (NASDAQ:DNDN), Coronado Biosciences Inc (NASDAQ:CNDO), MYGN, XNCR

For Dendreon Corporation (NASDAQ:DNDN) analysts were expecting a loss of $0.42 per share. Dendreon Corporation (NASDAQ:DNDN) stock in last trading day opened at $3.15, traded the day range of $3.00 – $3.20, and closed at $3.05. The stock showed a negative performance of -5.57% in previous trading session.

Coronado Biosciences Inc (NASDAQ:CNDO) company focused on the development of novel immunotherapy biologic agents for the treatment of autoimmune diseases and cancer. In last trading activity, Coronado Biosciences Inc (NASDAQ:CNDO) traded 33.94million shares and the average volume of the stock was recorded as 2.41millionshares. The 52 week range of the stock is $1.25 -$ 12.70. The stock was dropped -5.09% by closing at $2.61.

Myriad Genetics, Inc. (NASDAQ:MYGN) According to the CMS, it would extend the public comment period for its proposal to cuts the reimbursement rate for the BRCA genetic tests .The report prompted several analysts to downgrade their recommendations for the shares of Myriad Genetics. Myriad Genetics Inc (NASDAQ:MYGN) is confronting stronger competition at it does not have growth catalysts in the near-term. Myriad Genetics, Inc.(NASDAQ:MYGN) stock on December 30, 2013, recorded a fall of -13.88% and was in a range of $20.02 – $21.52 before closing at $20.79.  Company’s 52-week low price is $20.02 and 52 week high price is $38.27.

Xencor Inc (NASDAQ:XNCR) A registration statement relating to the securities being sold in this offering was declared effective by the U.S. Securities and Exchange Commission on December 2, 2013. This news release shall not constitute an offer to sell, or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Xencor Inc (NASDAQ:XNCR) shares fell -6.30% in last trading session and was closed at $8.62, while trading in range of $8.35 – $9.04. Xencor Inc (NASDAQ:XNCR) return on equity ratio is recorded as -105.90% and its return on assets is 621.10%.