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Fortress Biotech (FBIO) Catches Eye: Stock Moves Up 8.3%

Fortress Biotech, Inc.FBIO was a big mover last session, as its shares rose over 8% on the day. The move came after the company reported encouraging fourth-quarter and full-year 2016 results. This also led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 37% in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Friday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Fortress Biotech currently carries a Zacks Rank #3 (Hold).

Fortress Biotech, Inc. Price

Fortress Biotech, Inc. Price | Fortress Biotech, Inc. Quote

A better-ranked stock in the Medical - Biomedical and Genetics space is Anthera Pharmaceuticals, Inc. ANTH , carrying a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here.

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Anthera Pharmaceuticals, Inc. (ANTH): Free Stock Analysis Report

Fortress Biotech, Inc. (FBIO): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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