Monday, September 25, 2006

Acorda Therapeutics Soars Over 280% On Multiple Sclerosis Results

Shares of Acorda Therapeutics (ACOR) gained more than 280% at end of regular hours trading, and is up more than 5% in the after-hours session, as the company announced earlier in the day that its phase 3 MS clinical trial met primary endpoint.

The 3 months average daily volume is almost 30,000 shares a day, while today's action saw almost 25 million shares trade hands!

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