Biotech Stock Attempts To End Losing Streak, Lands Back in Buy Zone

By Investor's Business Daily   |   1 year ago
Biotech Stock Attempts To End Losing Streak, Lands Back in Buy Zone

Shares of Rhythm Pharmaceuticals rose over 2% in light trading following FDA's acceptance of their drug application for chronic weight management in patients with Bardet-Biedl syndrome. The company also develops treatments for rare diseases. It reported revenue growth and positive institutional buying interest.

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