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Stock Market & Financial Investment News

News Breaks
October 25, 2013
14:32 EDTZGNXZogenix surges after FDA approves pain management drug
Shares of Zogenix (ZGNX) are jumping after the company announced that the FDA had approved its pain management drug. WHAT'S NEW: The FDA announced intraday that it approved Zogenix's pain management drug, Zohydro. The agency approved the drug for use by patients who have pain severe enough to require daily, around-the-clock, long-term treatment and who cannot be adequately comforted with other treatment options, the company stated. WHAT'S NOTABLE: In a note to investors on September 27, William Blair analyst Tim Lugo wrote that his price target for Zogenix would have been about $6 if the FDA was to approve Zohydro. According to Lugo, Zogenix had several upcoming catalysts other than Zohydro that could enable the stock to outperform through September 2014. He kept an Outperform rating on the shares. TODAY'S PRICE ACTION: In mid-afternoon trading, Zogenix surged 93c, or 40%, to $3.15.
News For ZGNX From The Last 14 Days
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July 28, 2015
19:10 EDTZGNXOn The Fly: After Hours Movers
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16:40 EDTZGNXZogenix files to sell 3.8M shares of common stock
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July 23, 2015
17:15 EDTZGNXIntegrated Core Strategies reports 5.6% passive stake in Zogenix
July 15, 2015
10:08 EDTZGNXHigh option volume stocks
High option volume stocks: ALIM RCPT SFXE ARNA ADTN ZGNX HALO STNG
07:18 EDTZGNXZogenix price target raised to $28 from $20 at Brean Capital
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