Why Did The Novan (NOVN) Stock Rise Nearly 18% On Friday?

As a result of its subsidiary entering into a finance deal, Novan Inc. (NASD: NOVN) is soaring on the charts today, up 18.42% to trade at $1.35 at the most recent check. Which contract has the NOVN subsidiary entered? EPI Health, LLC, a fully consolidated subsidiary of Novan (NOVN), has inked accounts receivable-backed factoring arrangement […]