March 13, 2017 / 4:36 PM / 6 months ago

BUZZ-Aralez Pharmaceuticals Inc: Toronto-listed shares touch record low

** Canadian drugmaker’s shares fall as much as 30.6 pct to C$3.26, hits record low

** U.S.-listed shares down 28 pct at $2.54

** Company posts wider Q4 loss of 48 cents/shr vs estimate of loss of 26 cents

** Company’s SG&A expenses double y-o-y, records amortization and impairment charges on assets of over $11 mln during the quarter

** More than 109,000 Toronto-listed shares change hands, 7.8x 30-day moving avg

** Up to Friday’s close, both stocks had fallen over 40 pct in the past 12 months

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