Unbelievable. Shares of Oxigene Inc. /quotes/zigman/4149096/quotes/nls/oxgn OXGN +10.30% soared 20% early Monday on news that the biotech firm is again in compliance with certain Nasdaq minimum market and stock value requirements. As a result, Oxigene shares will continue to be listed on Nasdaq.
Oxigene Inc.’s /quotes/zigman/4149096/quotes/nls/oxgn OXGN +11.24% shares rose 14% after the biotech company on Saturday reported encouraging data on a potential treatment for non-small cell lung cancer.