VIVUS (VVUS) Hit With Massive 'Bear Raid'; Down as Much as 27%, Before Recovering

July 17, 2012 9:46 AM EDT
As we warned about yesterday, VIVUS Inc. (Nasdaq: VVUS) was just hit with a massive bear raid ahead of today's PDUFA date for Qnexa.

Shares traded down as low as $20.90, or 27%, before recovering. Shares last traded at $25.75, down 10%.

There has been no news on a FDA decision, which is expected later today.

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