Insys Therapeutics Inc (NASDAQ: INSY) is having an incredibly strong start to the trading session this morning as investors await a coming presentation. Today, we’ll talk about the presentation that’s just around the corner, what we’re seeing from the stock as a result of the announcement, and what we’ll be watching for ahead.
INSY Announces Coming Presentation
As mentioned above, Insys Therapeutics is having a strong start to the trading session this morning after announcing that it will be giving a presentation relatively soon. In a press release issued early this morning, INSY announced that it will be presenting at the 36th Annual J.P. Morgan Healthcare Conference.
The presentation will be given by Andrew Long, Chief Financial Officer at INSY. In addition to the presentation, the company said that its management will also be providing an overview of the company’s business in one-on-one meetings with investors who are registered to join the conference.
The conference will be held Thursday, January 11, 2018 at the Westin St. Francis Hotel in San Francisco. The presentation will start at 7:30 am Pacific Time. The presentation will also be webcast live at the time mentioned above. To view this presentation, visit https://www.insysrx.com/ and click the Presentations and Events link.
How The Stock Is Reacting To The News
As investors, one of the first things that we learn is that the news moves the market. In this particular case, the news is indeed positive. After all, Insys Therapeutics is going to be presenting at one of the most recognized healthcare investing conferences around today, giving them the opportunity to appeal to more investors. As a result, we’re seeing strong gains in the value of the stock. Of course, our partners at Trade Ideas were the first to alert us to the gains. At the moment (11:17), INSY is trading at $13.03 per share after a gain of $1.50 per share (13.01%) thus far today.
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What We’ll Be Watching For Ahead
Moving forward, the CNA Finance team will continue to keep a close eye on INSY. In particular, we’re interested in following the presentation and excited to learn more about what’s coming ahead for the company and its investors. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!
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