What's Causing Adamas Pharmaceuticals to Spike Higher Today

After a leading hedge fund reported it bought shares last month and in the wake of industry watcher upgrades, shares in Adamas Pharmaceuticals (NASDAQ: ADMS) rallied more than 10% higher earlier today.

As fellow Motley Fool Brian Orelli pointed out on October 30, legendary hedge fund guru Steven Cohen recently reported a 5.1% equity stake in Adamas Pharmaceuticals. 

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Source: Fool.com