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Why Intercept Pharmaceuticals Stock Is Soaring Today

Why Intercept Pharmaceuticals Stock Is Soaring Today

Shares of Intercept Pharmaceuticals (NASDAQ: ICPT) were soaring 15.7% higher as of 12:02 p.m. ET on Tuesday. It also easily topped the average analysts' earnings estimate of $4.61 per share. Intercept's solid revenue growth was entirely due to higher Ocaliva sales.