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This Merger Could Mean Returns Of Up To 40%
Shares of Valeant Pharmaceuticals (NYSE: VRX) plunged nearly 15% when the company finally reported its 1st quarter earnings on June 7 on a reduced 2016 outlook and a laundry list of other issues.
More than 100 million shares traded that day, five times the previous day's volume, as investors rushed for the exit and short sellers danced a jig.
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