Michaels and Flexion Therapeutics Rise; Darden Declines - News Summed Up

Michaels and Flexion Therapeutics Rise; Darden Declines


NEW YORK — Stocks that moved substantially or traded heavily on Friday:Flexion Therapeutics Inc., up $1.77 to $20.94The FDA approved Flexion's application to update the label of its Zilretta osteoarthritis knee pain drug. Michaels Cos., up $1.98 to $8.00The arts and crafts chain tapped former Walmart executive Ashley Buchanan to be CEO. Darden Restaurants Inc., down 90 cents to $108.01Argus Research cut the chain restaurant owner from "Buy" to "Hold," citing softer customer traffic and rising costs. RH (RH), down $12.87 to $214.87The home decor retailer is being removed from the S&P SmallCap 600 and moved to the MidCap 400 next week.


Source: International New York Times December 27, 2019 21:22 UTC



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