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GTx Closed At New 52-Week Low Monday
11/3/2009 8:45 AM ET


RELATED NEWS
GTX Q3 Loss Widens - Update
GTx Q3 Loss Widens; Meets Consensus - Quick Facts
GTX Q3 09 Earnings Conference Call At 9:00 AM ET
GTx Says FDA Seeks More Data And Trials To Approve Toremifene 80 Mg; Stock Plunges - Update
GTx Inc. Plunges On FDA News
(RTTNews) - GTx Inc. (GTXI: News ) announced Monday morning that it received a Complete Response Letter issued from the FDA, regarding its New Drug Application for toremifene 80 mg. The letter recommended that more data be provided to the FDA.

GTx Inc. gapped open sharply lower Monday and declined throughout the second half of the morning. Shares finished down by $4.42 at $4.56 on the highest volume of the year. The stock sank beneath support and closed at a new low for the year.

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Today's Stocks to Watch
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Profit Taking Likely To Contribute To Continued Weakness – RTTNews Daily Market Analysis
The major index futures are currently indicating a notably lower open for stocks on Friday, with the markets likely to see some further downside after closing lower in each of the two previous sessions. With no major economic data on tap for the day, traders have looked to corporate news, including disappointing quarterly results from Dell (DELL). Traders may also continue to cash in on the recent strength in the markets that lifted the major averages to their best closing levels in over a year earlier in the week.

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