Acorda Therapeutics Inc (NASDAQ:ACOR) reported earnings of $1.40 per share beating Walls Streets expectations.

ME Staff
-
0

Acorda Therapeutics Inc (NASDAQ:ACOR) reported Q2 2018 earnings this Morning, coming in at $1.40 per share, beating Wall Street’s estimates of $0.65 per Share. Revenue for the quarter came in at $153.30 million beating analyst estimates of $138.63 million

Recent Insider Trading for Acorda Therapeutics Inc (NASDAQ:ACOR)

  • On 7/25/2018 Scopia Capital Management Lp, Major Shareholder, sold 86,551 with an average share price of $28.61 per share and the total transaction amounting to $2,476,224.11.
  • On 7/23/2018 Scopia Capital Management Lp, Major Shareholder, sold 25,000 with an average share price of $28.32 per share and the total transaction amounting to $708,000.00.
  • On 7/20/2018 Scopia Capital Management Lp, Major Shareholder, sold 108,740 with an average share price of $29.09 per share and the total transaction amounting to $3,163,246.60.
  • On 7/17/2018 Scopia Capital Management Lp, Major Shareholder, sold 33,299 with an average share price of $30.04 per share and the total transaction amounting to $1,000,301.96.
  • On 7/13/2018 Scopia Capital Management Lp, Major Shareholder, sold 100 with an average share price of $30.00 per share and the total transaction amounting to $3,000.00.
  • On 7/10/2018 Scopia Capital Management Lp, Major Shareholder, sold 200,354 with an average share price of $30.61 per share and the total transaction amounting to $6,132,835.94.



    About Company
    Acorda Therapeutics, Inc., a biopharmaceutical company, identifies, develops, and commercializes therapies for neurological disorders in the United States. The company markets Ampyra (dalfampridine), an oral drug to improve walking in patients with multiple sclerosis (MS); and Qutenza, a dermal patch for the management of neuropathic pain associated with post-herpetic neuralgia. It also markets Ampyra as Fampyra in Europe, Asia, and the Americas. In addition, the company develops Inbrija for the treatment of OFF periods in Parkinson's disease; an inhaled triptan (zolmitriptan) for acute treatment of migraine by using the ARCUS drug delivery technology; SYN120, which is completed Phase II clinical trial to treat Parkinson's disease-related dementia; and BTT1023 (timolumab) that is in Phase II clinical trial for primary sclerosing cholangitis. Further, it develops rHIgM22, which is in Phase I clinical trial for the treatment of MS; and Cimaglermin alfa that is in Phase Ib clinical trial for heart failure patients. The company has collaborations and license agreements with Biogen International GmbH; Alkermes plc; Rush-Presbyterian St. Luke's Medical Center; Alkermes, Inc.; Astellas Pharma Europe Ltd.; Canadian Spinal Research Organization; Mayo Foundation for Education and Research; Paion AG; Medarex, Inc.; and Brigham and Women's Hospital, Inc. Acorda Therapeutics, Inc. was founded in 1995 and is headquartered in Ardsley, New York.

    Recent Analyst Rating for Acorda Therapeutics Inc (NASDAQ:ACOR)



      Recent Trading for Acorda Therapeutics Inc (NASDAQ:ACOR)
      Shares of Acorda Therapeutics Inc closed the previous trading session at 26.00 up +1.25 5.05% with 28.15 shares trading hands.