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Perrigo begins trading on NYSE

NEW YORK (AP) -- Pharmaceutical maker Perrigo Co. began trading on the New York Stock Exchange Thursday after moving from the NASDAQ Global Select Market exchange.

The Allegan, Mich.-based company's stock symbol is "PRGO".

Perrigo Chairman and CEO Joseph C. Papa and other members of the company's leadership team rang the opening bell Thursday to celebrate the company's first day of trading on the NYSE.

According to the exchange, Perrigo is the third NASDAQ-100 Index company to transfer its common stock listing to the NYSE within the past year. Others include Infosys Ltd. and Teva Pharmaceuticals Industries Ltd.

Shares of Perrigo rose $4.38, or 3.9 percent, to close at $117.52.