Shares of Mallinckrodt PLC shot up 26.5% in afternoon trading, after the drug maker said it reached an agreement to delay a $200 million opioid-settlement...
Shares of Mallinckrodt PLC MNK shot up 26.5% in afternoon trading, after the drug maker said it reached an agreement to delay a $200 million opioid-settlement payment by a week. The stock’s rally comes after it closed Thursday below the $1 mark for the first time, at 87 cents. The opioid-settlement payment to the Opioid Master Disbursement Trust II, which was due June 16, pushed back to June 23.
5% in afternoon trading, after the drug maker said it reached an agreement to delay a $200 million opioid-settlement payment by a week. The stock’s rally comes after it closed Thursday below the $1 mark for the first time, at 87 cents. The opioid-settlement payment to the Opioid Master Disbursement Trust II, which was due June 16, pushed back to June 23.
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