Valeant Pharma (VRX) Sees Solid Bounce Off Morning Lows

November 8, 2016 10:16 AM EST

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Valeant Pharma (NYSE: VRX) has moved solidly off morning lows but remains down 20.5% to $15.21. Shares were down as much as 28% to $13.77 earlier.

The bounce could be short covering.

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