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Stock impact report

Here's Why Corcept Therapeutics Rose 18.6% in November [The Motley Fool]

Corcept Therapeutics Incorporated (CORT) 
Last corcept therapeutics incorporated earnings: 2/20 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: corcept.com/investors
Company Research Source: The Motley Fool
Solid revenue growth and pipeline progress from the biotech fueled the rise. Brian Orelli ( TMFBiologyFool ) Dec 11, 2018 at 4:26PM What happened Shares of Corcept Therapeutics ( NASDAQ:CORT ) were up 18.6% in November, according to data provided by  S&P Global Market Intelligence , after the biotech released promising third-quarter earnings results and made progress on its second-generation Cushing's syndrome drug candidate relacorilant. So what Revenue jumped 51% year over year as doctors increased their use of Corcept Therapeutics' Korlym, which also treats Cushing's syndrome. While the increase is large, it comes off a small user base, so revenue in the third quarter only came in at $64.4 million. Management stuck with its guidance for 2018 revenue in the $250 million to $270 million range. After subtracting out sales from the first thre Show less Read more
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