Ligand Pharma Shares Surge On Upbeat Q4 Results, Better Than Street Estimates

Shares of Ligand Pharmaceuticals Incorporated (LGND) are rallying more than 21 percent Tuesday morning after reporting upbeat fourth-quarter results, above analysts' view.

Net income from continuing operations for the fourth quarter was $18.2 million, or $1.03 per share, compared with a net loss of $14.5 million, or $0.86 per share, for the same period a year ago.

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by RTTNews Staff Writer

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