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GSK, Sanofi jump in afternoon trading

GSK (GSK) shares have jumped $3.16, or 9% to $38.32 in afternoon trading, while shares of Sanofi (SNY) are up $3.36, or 7.5%, to $48.29. The two stocks moved in tandem previously amid headlines regarding Zantac litigation, so there is speculation that the moves this afternoon may be related to news regarding Zantac.

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Published first on TheFly

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