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Intercept Pharma shares drop 2% despite Q2 profit, revenue beats and positive clinical trial results

Intercept Pharmaceuticals Inc. ICPT, +4.22% shares dropped 2.3% in premarket trade Monday despite the company reporting second-quarter profit and revenue beats and news that a mid-stage clinical trial met its primary endpoint. The company said it had a loss of $86.56 million, or a loss of $3.46 per share, after a loss of $77.30...