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Stock impact report

Travere Therapeutics (TVTX) Hits Fresh High on Impressive Earnings, Bullish Outlook [Yahoo! Finance]

Travere Therapeutics, Inc. (TVTX) 
Company Research Source: Yahoo! Finance
Travere Therapeutics climbed to a fresh record high on Friday, as investors took heart from a stellar earnings performance and cues that the company would kick off the last month of the year on a strong note. At intra-day trading, the stock soared to its highest price of $35.34 before trimming gains to end the day just up by 18.58 percent at $35.16 apiece. Based on its financial statement on Thursday, Travere Therapeutics, Inc. (NASDAQ:TVTX) swung to a net income of $25.7 million in the third quarter of the year from a $54.8 million net loss in the same period last year. Travere Therapeutics (TVTX) Hits Fresh High on Impressive Earnings, Bullish Outlook Romaset/Shutterstock.com Total revenues expanded by 162 percent to $164.8 million from $62.9 million year-on-year, helped by strong sales from its kidney disease treatment, Filspari. According to Travere Therapeutics, Inc. (NASDAQ:TVTX), the drug incurred $90.9 million in sales in the US alone, representing a 155 percent g Show less Read more
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