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Stock Market & Financial Investment News

News Breaks
April 23, 2014
09:52 EDTGWPHGW Pharmaceuticals rises for second day, levels to watch
Shares were on a tear yesterday to the upside and today the stock is trying higher once again. At the current price of $65.35, up 7.5% from yesterday's close, next resistance is at $66.83 and then the session high at $68.45. Support is at $63.94.
News For GWPH From The Last 14 Days
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September 22, 2014
07:51 EDTGWPHGW Pharmaceuticals could trade up 25% on data, says Leerink
Leerink believes shares of GW Pharmaceuticals could trade up 25% should the Epidiolex data in pediatric epilepsy show a seizure reduction materially greater than 44%. The data is expected in the second half of 2014. The firm says shares could trade up 15% higher on a reduction at or close to 40%, or 15% lower if the mean reduction is in the 20%-30% range. Leerink is bullish ahead of the data readout after reviewing the cannabidiol epilepsy literature and previous anti-epileptic drug trials. It has an Outperform rating on shares of GW Pharmaceuticals with a $110 price target.

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