Showing posts with label Somaxon Pharmaceuticals. Show all posts
Showing posts with label Somaxon Pharmaceuticals. Show all posts

8/25/10

Red Hot Somaxon gets even hotter with Proctor & Gamble deal

Logo for Procter & Gamble. Source of the logo.Image via Wikipedia Red Hot Somaxon Pharmaceuticals is up heavily in trading today. The stock has done extremely well this year and will probably do even better after this deal was made today. Somaxon Pharmaceuticals (SOMX) is trading at 4.34 up 0.97 a 28.78% gain. Earlier today it reached a high of 5.43 before a strong selloff. The stock has been in a heavy downslide trend following it's March FDA approval. Look for things to get a little better after today with increased sales for insomnia medication Silenor