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AVANIR (AVNR) Shares Bounce Off $2 Level, Up 26% Today

November 28, 2011 3:56 PM EST
AVNR Hot Sheet
Overall Analyst Rating:
    BUY (Up Up)

Revenue Growth %: +614.3%
Shares of AVANIR Pharma (Nasdaq: AVNR) are bouncing very sharply Monday following massive downside last week.

The stock last traded at $2.53, up 26.5 percent for the session. The move almost pushes AVANIR shares back over the closing price on November 18th.

SeekingAlpha's Martin Shkreli, who recommended shorting Avanir shares on May 31st, said enough is enough Sunday and told readers he closed his short position on the stock.


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