3 Drug Stocks That Soared This Week: Are They Buys? [The Motley Fool]
ENDOCYTE (ECYT)
Last endocyte earnings: 11/7 04:01 pm
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US:NASDAQ Investor Relations:
investor.endocyte.com/investor-relations
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Source: The Motley Fool
Endocyte, MannKind, and Mylan have bounced back from big losses earlier this year. But can their momentum continue? Most investors would be quite happy to get a 20% return over the course of a year. Of course happy wouldn't begin to describe the feeling of getting an even better return than that in just a week. But that's just what three drug stocks did over the last five days, with two of them achieving much-higher gains. Endocyte ( NASDAQ:ECYT ) , MannKind ( NASDAQ:MNKD ) , and Mylan ( NASDAQ:MYL ) saw their stocks soar this week after floundering for much of 2017. Let's see why these drug stocks took off -- and whether they're smart picks for investors. Image source: Getty Images. Endocyte Endocyte was the biggest winner of the week. Its stock skyrocketed nearly 300% over the last five days. That's a big turnaround for the biotech, which saw its valuation plunge nearly 50% from June through September of this year. The turning point for Endocyte
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