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Axovant Sciences (AXON) Stock Slumps, Baird: Weakness 'Unwarranted'

NEW YORK (TheStreet) -- Shares of Axovant Sciences (AXON) were dropping 9.42% to $15.67 on heavy trading volume mid-Thursday afternoon after Danish drug company Lundbeck failed a phase III study for an Alzheimer's drug candidate.

Baird said this afternoon...