Bausch (BHC) Moves 13.3% Higher: Will This Strength Last?

Bausch Health (BHC) shares soared 13.3% in the last trading session to close at $5.10. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 35.7% loss over the past four weeks.Shares gained a district court in the United States granted summary judgment in favor of the company, its gastroenterology business Salix Pharmaceuticals and Teva Pharmaceuticals against Norwich which is looking to get its generic version of Xifaxan approved.Thi ...