Ani Pharmaceuticals Stock Up 17% After Boost to Guidance, 1Q Earnings Beat

By Sabela Ojea

Ani Pharmaceuticals Inc. shares climbed on Monday after the company raised its guidance for this year and reported earnings results that topped estimates.

The stock was up 17% to $45.83 at 12:14 p.m. E.T. The shares are up 10% this year and 61% in last 12 months. The volume of shares traded on a percentage basis was nearly four…