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Xoma Ltd. (XOMA)

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Xoma Ltd.

XOMA shares soared 20.16 percent to close at $4.59 a share Tuesday. The stock traded between $4.02 and $4.85 on volume 5.75 million shares traded. MLV & Co. has recently upgraded XOMA’s rating to “buy” from “hold” after the company announced it is “finalizing its plans for a gevokizumab Phase 3 program in pyoderma gangrenosum”.

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