Angiotech Pharmaceuticals, Inc. stock (TSE:ANP), (NASDAQ:ANPI) has energetically bounced off the bottom on a new company’s announcement.
Yesterday, on both the TSE and NASDAQ stock exchanges, Angiotech shares jumped by more than 50% and closed at $0.275 and $0.276 respectively.
This comes only one week after ANP noted its new 52-week low of $0.170 per share. The stock has finally left the oversold area.
There was a spike in the volume traded as well. On NASDAQ more than 6.7 million shares changed…