Biggest Healthcare Stock Losers were BCR, NVAX, AIQ

(EMAILWIRE.COM, December 19, 2009 ) Dallas, TX - C.R. Bard, Inc. (NYSE:BCR) went down 6.74% to close at $78.49 on 6.45 million shares after Piper Jaffray downgraded C.R. Bard from Neutral to Underweight and the price target was lowered from $84 to $71. C. R. Bard, Inc. is engaged in the design, manufacture, packaging, distribution and sale of medical, surgical, diagnostic and patient care devices. The Company sells a range of products worldwide to hospitals, individual healthcare professionals, extended care facilities and alternate site facilities.


Novavax, Inc. (NASDAQ:NVAX) declined 5.24% to $2.53 on 2.75 million shares. The stock hit an intraday high and an intraday low of $2.69 and $2.52. In the last six months the stock went down over 3%. Novavax, Inc. is a clinical-stage biopharmaceutical company focused on creating differentiated, value-added vaccines that improve upon preventive options for a range of infectious diseases. These vaccines leverage its virus-like particle (VLP) platform technology coupled with a disposable production technology.


Alliance HealthCare Services, Inc. (NYSE:AIQ) fell 9.08% to $5.51 on 1.68 million shares after the company yesterday reaffirmed its revenue and adjusted EBITDA guidance for fiscal 2009. Fiscal 2009 revenue is expected to range from $503 million to $518 million and adjusted EBITDA is expected to range from $177 million to $192 million. For fiscal 2010, the Company expects revenue to range from $470 million to $500 million and adjusted EBITDA is expected to range from $155 million to $180 million. According to Reuters Estimates, analysts are expecting the Company to report revenue of $506 million for fiscal 2009; revenue of $508 million and EBITDA of $179 million for fiscal 2010.


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