Why Halozyme Therapeutics, Inc. Deserves Its 52-Week High

In response to the company posting pleasing third-quarter results and boosting guidance, shares of Halozyme Therapeutics (NASDAQ: HALO), a biotech that focuses on making other drugs more effective, jumped 13% as of 1:45 p.m. EST.

Here's an overview of the headline numbers from the quarter.

The upbeat quarterly results enabled management to make a number of positive changes to its full-year guidance:

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Source: Fool.com