Strength Seen in Amneal (AMRX): Can Its 12.0% Jump Turn into More Strength?

Amneal Pharmaceuticals (AMRX) shares rallied 12% in the last trading session to close at $6.05. 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 7.7% loss over the past four weeks.The sudden soaring of the stock was observed after Amneal announced the commercial launch of over-the-counter (OTC) Naloxone Hydrochloride (Naloxone HCI) Nasal Spray, USP, 4mg in the United States, following its FDA approval, to help ...