×
0.00467945718296668 -0.00280767430978017 0.000467945718296584 0.00842302292934018 -0.00561534861956018 -0.0243331773514272 -0.0355638745905476 -0.0102948058025269
Stockreport

Akorn plunges 34% in premarket after Fresenius announces probe [MarketWatch]

AKORN (AKRX)  More Company Research Source: MarketWatch
US:NASDAQ Investor Relations: investors.akorn.com
PDF Akorn plunges 34% in premarket after Fresenius announces probe Shares of Akorn Inc. AKRX, +0.53% sank 34% in premarket trading on Tuesday, after German-based Fresenius SE FRE, +1.65% said it was conducting a probe into possible data breaches at the U.S. generic-drugs manufacturer. The probe could hamper a deal -- valued at more than $3.7 billion -- by Fresenius last year to buy Akron. Fresenius made the statement late Monday, triggering a slide in Akorn shares, which continued into Tuesday. In a statement, Akorn said that it was also investigating the possible breaches related to product development at its company. "To date, the company's investigation has not found any facts that would result in a material impact on Akorn's operations and the company does not believe this investigation should affect the closing of the transaction with Fresenius," said Akorn. Shares of Fresenius rose 1.7% in Frankfurt. [Read more]

IMPACT SNAPSHOT EVENT TIME: AKRX
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

Don't Miss Out On The Next BIG Stock Move
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS
Opt-in for
AKRX alerts

from News Quantified
Opt-in for
AKRX alerts

from News Quantified