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STAT Plus: Catalyst stock dives, although the fledgling drug maker has no idea why

For the second time in two weeks, Catalyst Pharmaceuticals stock dived substantially, although the drug maker was at a loss to explain the latest drop.

Shares were down as much as 18% on Monday on six times the normal trading volume, prompting the company to issue a statement before the stock market closed to say it is “not aware of any information” that would cause such a decline. Catalyst also reiterated remarks made last month that it believes it has “sufficient resources” for its current activities through next August.

Continue to STAT Plus to read the full story…

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