NEW YORK (GenomeWeb News) - Clinical Data's share price climbed 8 percent to $39 a share in late-morning trading today, reaching a new 52-week high.
Earlier this month, the company authorized a 3-for-2 stock split for shareholders of record as of Sept. 24. The new shares will be distributed Oct. 1.
Clinical Data’s shares are up more than 12 percent for the week beginning Sept. 24.
The company’s shares were trading at $38.85 in the mid-afternoon.