After announcing plans to sell off four company assets, investors rallied behind Lovell, Canada-based Valeant Pharmaceuticals.
The company is attempting to lower its $30 billion in accrued debts.
Here is what you need to know.
1. Valeant shares closed Jan. 9, 2017 at $15.35 and opened the following day at $17.12 following the acquisition news.
2. The company ended its day at $16.42. As of 11 a.m. EST, Jan. 11, 2017, Valeant was trading at $16.26.
3. Valeant's 52-week range is between $13 and $101.40.
4. The company has a market cap of $5.93 billion.