Corcept Therapeutics Incorporated (CORT) Drops 6.56% on January 15

Equities Staff |

Corcept Therapeutics Incorporated (CORT) was one of the Russell 2000's biggest losers for Friday January 15 as the stock slid 6.56% to $3.56, a loss of $-0.25 per share. Starting at an opening price of $3.68 a share, the stock traded between $3.50 and $3.71 over the course of the trading day. Volume was 235,818 shares over 1,080 trades, against an average daily volume of 295,704 shares and a total float of 108.78 million.

The losses send Corcept Therapeutics Incorporated down to a market cap of $387.24 million. In the last year, Corcept Therapeutics Incorporated has traded between $7.67 and $2.69, and its 50-day SMA is currently $4.75 and 200-day SMA is $5.18.

Corcept Therapeutics Inc is engaged in the discovery, development and commercialization of drugs for the treatment of severe metabolic, psychiatric and oncologic disorders associated with thesteroid hormone cortisol.

Corcept Therapeutics Incorporated is based out of Menlo Park, CA and has some 57 employees. Its CEO is Joseph K. Belanoff.

For a complete fundamental analysis analysis of Corcept Therapeutics Incorporated, check out Equities.com’s Stock Valuation Analysis report for CORT. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments

Emerging Growth

Broadway Gold Mining Ltd.

Broadway Gold Mining Ltd is engaged in the exploration of mineral resources. The Company owns a 100% interest in the Madison Gold and Copper Mine located in Southwestern Montana.

Private Markets

D-Wave

D-Wave Systems is the first quantum computing company. Its mission is to integrate new discoveries in physics, engineering, manufacturing, and computer science into breakthrough approaches to computation to help solve…

Lyft

Lyft matches drivers using their own personal vehicles with passengers who request rides through the smartphone app, and the passengers pay automatically through the app. When using Lyft, passengers have…