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

March 9, 2015 4:43 PM

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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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