Sage Therapeutics Pulls Back Off Best Levels But Remains Sharply Higher

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(RTTNews.com) - After gapping open sharply higher, shares of Sage Therapeutics ( SAGE ) have pulled back off their best levels but continue to see substantial strength in afternoon Trading on Thursday. Sage is currently up by 74.4 percent after reaching a record intraday high.

The initial jump by Sage came after the biopharmaceutical company said its Phase 2 study of SAGE-217 showed a statistically significant mean reduction in the Hamilton Rating Scale for Depression.

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This article appears in: Stocks , Politics
Referenced Symbols: SAGE

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