Anavex Life Sciences Corp (AVXL)

[Citrati]

Actually, it was just the opposite.
XBI an ETF for the biotech stocks was down 0.10% while AVXL outperformed the sector ETF by being up 3.97%.
Conclusion: AVXL was found to have more positive than the sector average, which was negative and thus the PR was perceived as positive leading to an increase in price.
Also, a secondary conclusion is that AVXL followed the general market, UP, even though the sector was down.
Fact: whether one compares the sector or the general market AVXL was UP positively today.
In fact, AVXL was up over 3 times the Dow increase %.