GlaxoSmithKline shares jump after report of possible break-up

GlaxoSmithKline shares jump after report of possible break-up

GlaxoSmithKline shares jumped 4 percent in intraday trading after a Financial Times report that the company’s chairman is considering splitting up the company. Philip Hampton has discussed creating a new company from its pharma and vaccines divisions, according to the FT report. Shares last reached this height on June 14 when the company announced positive results in studies that treated HIV with a two-drug regimen. Shares of GlaxoSmithKline jumped as much as 4 percent in…

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