Early Gainers with Big News
Every public company loves when they put out good news and see the reflection in its stock price. The following four companies released positive news of some kind either this morning or late yesterday and have seen their stock prices soar so far today. Forest Laboratories Inc. (NYSE: FRX) and Cypress Bioscience Inc. (Nasdaq: CYPB) announced that preliminary top-line results from a 1,196 patient randomized, three month, double-blind, placebo-controlled pivotal Phase III study demonstrate statistically significant therapeutic effects of milnacipran as a treatment of fibromyalgia syndrome. At this time the companies have only been able to review initial top-line results…