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Acorda Therapeutics Rallying On Heavy Volume (ACOR)

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Shares of Acorda Therapeutics (NASDAQ: ACOR) are rallying on heavy volume today. The stock is up 5.66% on the day to $30.75. Acorda (ACOR) opened the day higher, but buying pressure really started to accelerate around 11:30. Average volume in this name is 895,000 shares today. Over 1.25 million shares have already traded hands today.

According to Google Finance, "Acorda Therapeutics, Inc. (ACOR) is a commercial-stage biopharmaceutical company engaged in the identification, development and commercialization of therapies that improve neurological function in people with multiple sclerosis (MS), spinal cord injury, and other disorders of the central nervous system."

 

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Posted-In: Intraday Update Movers