April 5, 2017 / 4:25 PM / 6 months ago

BUZZ-Valeant: U.S. stock price in single digit after 8 yrs

** Canadian drugmaker’s U.S.-listed shares fall as much as 6.2 pct to $9.54 - lowest since May 2009

** Stock price in single digit after 8 yrs

** With more than 4 mln shares traded, stock fourth most actively traded on NYSE

** Toronto-listed stock down 5.2 pct at C$12.94

** The Australian Business Review is reporting that Valeant’s iNova Pharmaceuticals has received lukewarm interest with bids coming in below the $1 billion mark that some investors thought it would be sold for - Wells Fargo analyst Davis Maris says in a note

** On March 23, Valeant said that CEO Joseph Papa’s 2016 total compensation was $62.7 mln; Company’s U.S. stock has fallen 71.7 pct since he was named CEO on April 25, 2016

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