Dendreon Corporation (NASDAQ: DNDN) is up over 3.5% today at $7.75 on nearly 2 million shares after only 40 minutes of trading. Bernstein was the upgrade, to a still unenthusiastic “Market Perform” from “Underperform.” Good enough for a pop today… Its 52-week range $6.46 to $43.96 and average volume 6.6+ million shares.
A Dendreon Analyst Upgrade (DNDN)
Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.