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PRGO Stock News

biotechnology

Why the VRX Stock Price Rebounded 10% This Week and Where It's Headed

The VRX stock price rebounded 10% this week after announcing it has named drug-industry veteran Joseph Papa its next chairman and CEO as it attempts to restore investor confidence.

Papa comes with vast industry experience, but his appointment may be too little too late for Valeant.

Here's why we remain bearish on the VRX stock price...