Movers roundup: Cardinal Health, Affymax
Movers roundup: Cardinal falls on Walgreen nonrenewal; Affymax shares fall on drug recalled
Among the stock activity stories for Tuesday, March 19, from AP Business News:
— Shares of Cardinal Health Inc. dropped after Walgreen Co. said it is replacing the drug distributor in favor of an expanded supply deal with rival AmerisourceBergen Corp.
— Shares of Affymax Inc. fell after the drugmaker said it will eliminate 75 percent of its workforce and will consider options including a sale or bankruptcy after its only approved drug was recalled.
