AxoGen (AXGN) Surges 8.2%: Is This an Indication of Further Gains?

AxoGen (AXGN) shares soared 8.2% in the last trading session to close at $14.71. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 0.2% gain over the past four weeks.Axogen scored a strong price increase driven by bullish market sentiment surrounding Fed minutes released on Wednesday. For investors' note Fed made an aggressive 50-bps rate cut on Sept.18 which is expected to boost the investment and research scenario within the MedT ...