Why Aurinia Pharmaceuticals Stock Soared 12.2% Today

After reporting favorable pricing for its previously disclosed equity offering, shares in Aurinia Pharmaceuticals (NASDAQ: AUPH) rallied 12.2% on Tuesday.

It's been a busy week for Aurinia's investor relations team. On Dec. 4, the company reported positive phase 3 trial results for voclosporin, combined with Roche's CellCept and low-dose corticosteroids, in lupus nephritis patients. The report sent shares skyrocketing 125%.

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Source Fool.com