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Stock impact report

Here's Why Marinus Pharmaceuticals Rose as Much as 18.4% Today [The Motley Fool]

Marinus Pharmaceuticals, Inc. (MRNS) 
Last marinus pharmaceuticals, inc. earnings: 11/6 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.marinuspharma.com/investor-relations
Company Research Source: The Motley Fool
The tiny biopharma is back on the upswing following an analyst upgrade. Maxx Chatsko ( TMFBlacknGold ) May 24, 2018 at 11:34AM What happened Shares of clinical stage biopharma Marinus Pharmaceuticals ( NASDAQ:MRNS ) rose over 18% today after Baird initiated coverage with an outperform rating on the stock. It was more bullish than that, actually. Analyst Brian Skorney set a $15 per share price target -- shares are trading hands at less than $6 per share after today's pop -- and claimed that the company's lead drug candidate is on par with the best in the industry except on one key metric: valuation.  Investors responded by bidding up the price of shares and handing the company a market cap over $235 million. As of 11:17 a.m. EDT, the stock had settled to an 11.1% gain. Image source: Getty Images. So what Marinus Pharmaceuticals has lea Show less Read more
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