Sarepta stock surges more than 20% as FDA OKs muscular dystrophy drug
Sarepta Therapeutics Inc. SRPT, -0.97% shares surged in the extended session Thursday after the genetic medicine company said the Food and Drug Administration approved its muscular dystrophy treatment. Sarepta shares rallied 23% after hours before being halted, and were last up 28% after being unhalted. Shares closed the regular session down 1% at $100.47. The company said the FDA approved Vyondys 53 for the treatment of Duchenne muscular dystrophy.
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