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Biotech / Medical : T/FIF, a New Plateau

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To: scaram(o)uche who started this subject11/16/2001 5:50:23 PM
From: scaram(o)uche  Read Replies (1) of 2243
 
It looks like "trading on news" is coming back, big-time. Since 9/11, I barely have a taste for trading period, much less on news........

Friday November 16, 5:29 pm Eastern Time

After the Bell: Andrx Soars, Others Flat

NEW YORK (Reuters) - Shares of Andrx Group (NasdaqNM:ADRX - news) surged in
after-hours trade on Friday after the generic drug company said U.S. regulators approved the
company's application to market a generic form of heartburn and ulcer pill Prilosec.

Shares bolted up to $68.21 in the aftermarket on the Instinet electronic
trading system from a close at $63.45 on the Nasdaq, when it gained 57
cents.
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