XBiotech (XBIT) Gains Following Post-IPO Pullback

XBiotech (NASDAQ: XBIT) is running higher once again following the company's IPO earlier this week.

Shares of XBiotech are up 14.5 percent in late-morning trading Friday. The action comes following modest gains on Wednesday's trading session and a slight pullback yesterday.

For more on XBiotech's IPO, click here.

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