The Traderszone Network

Published in TZ Latest News 19 January, 2017 by The TZ Newswire Staff

Here’s Why CoLucid Pharmaceuticals Inc Popped Yesterday

Partnership Collaboration Shaking Hands

Image source: Getty Images.

Investors in CoLucid Pharmaceuticals (NASDAQ: CLCD) should be smiling from ear to ear today. Shares of the clinical-stage biopharmaceutical company shot up 33% yesterday in response to receiving a buyout offer from pharma giant Eli Lilly (NYSE: LLY). 

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