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Company News For Sep 25, 2017

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  • Shares of Versartis Inc. tanked 86% after the company reported failure of its somavaratan drug in Phase 3 VELOCITY trial
  • Conagra Brand’s (CAG - Free Report) shares gained 0.4% after the company announced plans to acquire Angie's Artisan treats
  • Shares of Compass Minerals (CMP - Free Report) tanked more than 12% after the company lowered its FY 2017 guidance to $2.50-$2.80 from an early estimate of $3.00-$3.50
  • Intercept Pharmaceuticals Inc’s shares tanked 14.4% after U.S. Food and Drug Administration sent a letter to doctors concerning liver treatment product Ocaliva 

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