Questcor Falls After Reporting Government Investigation
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Questcor Pharmaceuticals Inc. fell 37 percent after disclosing the company’s marketing practices are being investigated by the U.S. government.
Questcor dropped to $19.08 at 4 p.m. New York time, its lowest closing value since April 2011. The shares of the Anaheim, California-based company have declined 54 percent so far this year.