Orexigen (OREX) Pops Higher on Analyst Upgrade; Volatility Up
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Orexigen Therapeutics (Nasdaq: OREX) is ripping higher out of the gate Thursday, following positive late-day news tied to Arena Pharma's (Nasdaq: ARNA) lorcaserin weight-loss drug Wednesday. JPMorgan upgraded the stock to Overweight earlier.
Volatility is up 77.5 percent with shares about 12 percent positive on the session early.
Volatility is up 77.5 percent with shares about 12 percent positive on the session early.
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