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Puma set for monstrous gap up at the open

Jul. 23, 2014 8:44 AM ETPuma Biotechnology, Inc. (PBYI) StockPBYIBy: Douglas W. House, SA News Editor
  • Shares of Puma Biotechnology (NYSE:PBYI) are up a whopping 263% premarket on robust volume. Investors are piling in after the company announced positive Phase 3 results for its breast cancer drug candidate. The price jump represents a tidy $2.9B increase in Puma's market cap.

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