Ascendis Pharma (ASND) Surges 3.0%: Is This an Indication of Further Gains?

Ascendis Pharma A/S (ASND) shares rallied 3% in the last trading session to close at $215.05. 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 2.1% loss over the past four weeks.The sudden jump in the stock price is likely fueled by the commercial performance of Ascendis Pharma’s two marketed drugs, Skytrofa and Yorvipath, approved for growth hormone deficiency and hypoparathyroidism, respectively. Last week, ...