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TRVN / Trevena stock soars toward 5-fold gain in very active trading, after pain treatment gets approved in China

Trevena stock soars toward 5-fold gain in very active trading, after pain treatment gets approved in China
Shares of Trevena Inc. TRVN exploded more than five-fold higher — up 420.6% — on very active trading Monday, after the Pennsylvania-based biopharmaceutical company said its China-based partner Jiangsu Nhwa received formal approval from China health regulators for the pain treatment Olinvyk. The stock, which had been halted 21 times for volatility since the open, has seen 75.7 million shares change hands, compared with the full-day average over the past 30 days of about 111,100 shares. Read More
Posted: May 8 2023, 13:31
Author Name: Market Watch
Views: 112152

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