Keryx Biopharma (KERX) Pulls-Back After Ripping Over 160% on Zerenex DAta

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Keryx Biopharmaceuticals (KERX) Selloff 'Unwarranted'

February 4, 2013 2:33 PM EST

Last Friday, Keryx Biopharmaceuticals Inc. (Nasdaq: KERX) stock dropped 22 percent. The massive selloff is being tied to $65 million in equity financing announced last week. According the analysts at Oppenheimer, some investors interpreted this as a signal that the company was planning to market... More