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Stock Market & Financial Investment News

News Breaks
February 12, 2014
10:53 EDTFLXNFlexion IPO opens at $16.00, IPO priced at $13.00
Flexion (FLXN) priced 5M shares at $13.00. BMO Capital and Wells Fargo acted as joint book running managers for the offering.
News For FLXN From The Last 14 Days
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October 29, 2014
09:39 EDTFLXNFlexion FDA letter a 'best case' scenario, says Summer Street
Summer Street learned that Flexion recently received its clinical hold letter from the FDA, and after speaking with management, believes the letter confirms a "best case" scenario for the company. The firm says the FDA is requiring Flexion to determine that the infection in the trial was not related to FX006, rather than the more challenging task of determining the ultimate root cause of the infection. It reiterates a Buy rating on the stock with a $28 price target.

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