Use the figure for the question(s) below. 
-The above screen shot from Google Finance shows the price history of Nektar, a pharmaceutical company. In the time period shown, Nektar released information that an intravenously administered formulation of their leading product had thrived in a Phase III clinical trial. In which of the months shown in the price history is this most likely to have occurred?
Definitions:
Final Ratification
The formal confirmation or validation of an agreement, treaty, or constitution.
Representative Republic
A form of government in which citizens elect representatives to make decisions on their behalf, combining elements of democracy with a republic structure.
Executive Branch
The division of a government responsible for implementing laws and policy, typically headed by the president or prime minister.
Bill of Rights
The first ten amendments to the United States Constitution, ratified in 1791, which guarantee essential rights and liberties to the American people, such as freedom of speech and religion.
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