Intercept Pharmaceuticals (Nasdaq: ICPT) stock surged 45% today (Tuesday) to a new 52-week high of $349.08 after the company reported Q2 results and provided promising updates on several of its key drugs.
Intercept Pharma stock
- Intercept Pharma (Nasdaq: ICPT) Stock Skyrockets 45% on Liver Disease Treatment
- Why Intercept Pharma (Nasdaq: ICPT) Stock Gained 280% Today
Yes, you're reading this correctly - Intercept Pharmaceuticals Inc. (Nasdaq: ICPT) stock more than tripled today (Thursday).
ICPT shares surged 300% in trading today after an analysis by an independent safety committee showed its liver disease drug met the main goal of a mid-stage trial. ICPT stock closed at $275.49, up 280.56% from Wednesday's closing price of $72.39. The stock climbed as high as $305 in intraday trading.