Questcor (QCOR) Getting a Pre-Market Bounce Off Yesterday’s Fall Out; Analysts Defending Against Negative Report

QCOR shares were off approximately 29% yesterday on a negative report from Citron Research. Analysts including Oppenheimer and Jefferies are out defending the stock this morning, citing that the Citron report drummed up old concerns for the company’s primary value driver, Acthar Gel. Shares are trading higher in pre-market and could trend higher on technical rebound.