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Tuesday, June 16, 2009

Matrixx Initiatives MTXX Stock Halted - 6/16/09

Matrixx Initiatives Inc. (MTXX) stock has just been halted today ( 11:34am EST - June 16, 2009 ) as the FDA is telling the cold medicine producer of Zicam that it is asking all stores to pull the product from the shelves after receiving around 130 calls.

Zicam nasal spray is causing loss of smell!

Before the MTXX trading halt, shares plunged to $8.52 - down 45%

MTXX stock reopens down 67% to $6.30

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