anik – Scalper1

Alexion, KapStone Paper Among 4 Hot IBD 50 Movers

With latest the earnings season on the books, the IBD 50 saw significant changes vs. the start of the reporting period, with numerous newcomers and others rising quickly up the list. Today’s IBD 50 includes recent additions KapStone Paper & Packaging (KS), Ubiquiti Networks (UBNT) and Anika Therapeutics (ANIK) . Meantime, Alexion Pharmaceuticals (ALXN) shot up from No. 44 in early January to the list’s upper echelon. Ubiquiti, No. 2 on this week’s

Anika Arthritis Drug Approval Sends Stock Soaring

Anika Therapeutics (ANIK) stock vaulted 49% to an all-time high in morning trading on the stock market today, a day after the biotech won FDA approval for its arthritis treatment. After the close Tuesday, Anika said the FDA had approved Monovisc for osteoarthritis of the knee. DePuy Synthes Mitek Sports Medicine, a division of Johnson & Johnson (JNJ), will market Monovisc and pay Anika a $5 million milestone payment, followed by royalties and