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Why Jazz Pharmaceuticals Stock Rose 13.3% in March

TheMotleyFool

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Why Jazz Pharmaceuticals Stock Rose 13.3% in MarchPhoto, wide shot, wide-angle lens, Mental health care service, Midday, harsh overhead sunlight, directional sunlightt, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/7ce3b930-5e2a-4215-b686-0ad0eb0b922a.png

Jazz Pharmaceuticals (NASDAQ: JAZZ), which specializes in neuroscience and oncology therapies, saw its stock rise 13.3% in March, according to data from S&P Global Market Intelligence. The stock began the month at $135.93 and never looked back, climbing to a high of $162.76 on March 25 and ending the month at $155.67, nearly $20 higher than it started.

Image Source: Getty Images

It's easy to see the catalyst for the stock's rise -- an impressive fourth-quarter and annual report released on March 1 that also included encouraging guidance for the rest of the year. The day after the report came out, the stock jumped 12.2%.

Source Fool.com

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