Ardelyx Stock News

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In the last trading session, 144.8 million Ardelyx Inc. (NASDAQ:ARDX) shares changed hands as the companys beta touched 1.66. With the companys per share price at $1.52 changed hands at -$0.18 or -10.59% during last session, the market valuation stood at $191.70M. ARDXs last price was a discount, traded about -507.24% off its 52-week high Ardelyx Inc. (NASDAQ: ARDX) Is Becoming An Interest-Losing Stock With A -10.59% Decline Read More »

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LADENBURG THALM/SH SH upgraded shares of Ardelyx (NASDAQ:ARDX) from a neutral rating to a buy rating in a report published on Wednesday morning, PriceTargets.com reports. LADENBURG THALM/SH SH currently has $6.00 target price on the biopharmaceutical companys stock. Separately, Citigroup lifted their target price on Ardelyx from $7.00 to $13.00 and gave the company a []

Ardelyx, Inc. (NASDAQ:ARDX) saw a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 5,890,000 shares, a decrease of 23.4% from the October 31st total of 7,690,000 shares. Approximately 6.5% of the companys shares are short sold. Based on an average daily volume of 3,370,000 []

NEW YORK , Dec. 3, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for ARDX, CYAD, CSX, AAL, and BIOL. Full story available on Benzinga.com

The shares of Ardelyx Inc (NASDAQ: ARDX) have received a $6 price target from Ladenburg. These are the details.

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The stock price of Ardelyx Inc (NASDAQ: ARDX) increased by 7.89% in the most recent trading session. This is why it happened.

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Shares of Ardelyx Inc. soared 27.2% on massive volume in midday trading Wednesday, and have now nearly doubled in two days since the company announced plans to launch its treatment for irritable bowel syndrome with constipation (IBS-C) in adults. Trading volume ballooned to 192.8 million shares, which was many multiples of the full-day average of 4.3 million shares, and enough to make the stock the most actively traded on major U.S. exchanges. The company said before Tuesday''s open that it will launch Ibsrela, which was approved by the U.S. Food and Drug Administration back in September 2019 to treat IBS-C in adults, in the second quarter of 2022. After closing at a record low of 86 cents on Monday, the stock soared 32.2% on Tuesday on volume of 48.6 million shares, then ran up even higher on Wednesday. Based on the latest exchange data, short interest, or bearish bets on the stock, represented 6.5% of the public float of shares. Despite the big two-day rally, the stock was still down about 78% year to date, while the S&P 500 has advanced about 24%.