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Medivation (MDVN) stock rose to a five-month high Friday after the biotech company soundly beat Q2 estimates late Thursday and turned the corner to profitability. Medivation stock was up nearly 11.5% in morning trading on the stock market today, near 84 and within hailing distance of its all-time high of 88.20, touched on Feb. 25. Medivation reported a profit of 60 cents a share, reversing a year-earlier loss and more than doubling analysts’ Scalper1 News
Scalper1 News