Madrigal (MDGL) Moves 10.9% Higher: Will This Strength Last?

Madrigal (MDGL) shares rallied 10.9% in the last trading session to close at $344.97. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 11.3% gain over the past four weeks.The sudden soaring of the stock price was observed after Madrigal received a Notice of Allowance for a new U.S. patent protecting the FDA-approved weight-based dosing regimen of Rezdiffra, its sole marketed drug for noncirrhotic metabolic dys ...