Insys files for bankruptcy, stock plunges toward record low

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Shares of Insys Therapeutics Inc. plunged 68% toward a record low in premarket trade Monday, after the specialty pharmaceutical company said it filed for...

Shares of Insys Therapeutics Inc.

plunged 68% toward a record low in premarket trade Monday, after the specialty pharmaceutical company said it filed for bankruptcy. Insys said it plans to continue operating its business while it pursues the sale of substantially all of its assets.

Source: News Formal (newsformal.com)

 

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