Stock Market Alert - SCLN was one of the big winners on Friday, with their stock trading up over 38% after the company reported that a large phase II trial that the company conducted showed positive results. Volume spiked on the news, with over 10 million shares of the stock changing hands, compared to a normal daily average of just over 310k shares traded. The stock gapped up, set a new 52 week high of $4.16, and then pulled back to close the regular session at $3.13. An early Christmas present to SCLN shareholders to be sure.
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