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Why Is Vanda Pharmaceuticals Stock Trading Higher Today? - Vanda Pharma (NASDAQ:VNDA)

FDA approves Vanda Pharmaceuticals' Fanapt tablets for bipolar I disorder manic or mixed episodes in adults. Fanapt, an atypical antipsychotic, shows significant improvement over placebo in pivotal study.

Why Is Vanda Pharmaceuticals Stock Trading Higher Today?

Vanda Pharmaceuticals Shares Soar After FDA Approval for Bipolar I Disorder Therapy

Vanda Pharmaceuticals shares soared more than 33% in recent Wednesday trading after the US Food and Drug Administration approved the company s antipsychotic agent Fanapt for the acute treatment.

Why Ulta Beauty Shares Are Trading Lower By Around 14%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session - Ulta Beauty (NASDAQ:ULTA)

Shares of Ulta Beauty, Inc. (NASDAQ: ULTA) fell sharply during Wednesday’s session amid the company's presentation at the J.P. Morgan Retail Roundup investor conference where the company reportedly issued a weak outlook. Ulta Beauty shares dipped 13.7% to $448.08 on Wednesday.

Crude Oil Moves Higher; ISM Services PMI Falls In March

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining over 0.5% on Wednesday. The Dow traded up 0.18% to 39,241.00 .