XenoPort Continues Higher Amid Takeover Rumors


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


Shares of XenoPort, Inc. (NASDAQ: XNPT) were trading higher by nearly 6 percent at $5.07 early Friday morning.

Reuters reported late Thursday afternoon that the bio-pharmaceutical company is in the early stages of exploring a potential sale of itself.

Citing "people familiar with the matter," Reuters added that the XenoPort is working with investment bankers and has already reached out to potential acquirers to discuss a sale.

Shares of XenoPort have lost more than 40 percent over the past year.


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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Posted In: NewsRumorsMoversBiopharamceuticalPharmaceutical M&AReutersXenoPort