Why CTI BioPharma Corp Is Surging Higher Today (BAX, CTIC)

March 9, 2015 4:43 PM

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Why CTI BioPharma Corp Is Surging Higher Today (BAX, CTIC)

Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What's happening: Shares in CTI BioPharma Corp (NASDAQ: CTIC ) jumped by 10% earlier today following the release of phase 3 trial data for its bone marrow cancer drug pacritinib.

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