Phibro Animal Health Up 10% After Insider Move
Phibro Animal Health Corp shares climbed over 10% on Wednesday after a director bought shares on the open market in the wake of a recent drop. The move put the stock ahead of the wider market. Phibro shares jumped 10.3% to $31.45 on the Nasdaq during afternoon trading. The stock earlier reached $31.67. Latest data put the company’s market value at around $1.29 billion.