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Onyx Pharma (ONXX) Shares Up 17% as Review May Lead to Sale

November 28, 2011 2:22 PM EST
Shares of Onyx Pharma (Nasdaq: ONXX) are now up about 17.5 percent to $44 following a Bloomberg headline which suggests the company may be weighing a possible sale.

After opening under $39 and trading below $40 for most of the session, the stock marked a fresh 52-week high at $46.07 just seconds after the headline hit.


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