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Martin Shkreli's pharmaceutical company is down 50% following a report he was arrested

Sam RoDec 17, 2015, 17:24 IST

AP Photo/Craig Ruttle, File

Shares of biopharmaceutical company KaloBios are down 50% in pre-market trading on Thursday.

The move comes after a Bloomberg news story that it's CEO Martin Shkreli was arrested in a a securities fraud investigation.

More to come ...

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