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Biotechs Bounce Off Bottom On Novartis Deal But Fade Later In The Day
Article By: Rod Raynovich
Monday, April 9, 2018 7:49 PM EDT
Normally this kind of M&A news would be an opportunity to load up on biotechs but technicals are still weak and crosscurrents from economic and macro news create a risk-off sentiment.
In this article: NVS, FBT, AGIO, AVXS Also: IBB, SGMO, XBI, BLUE, ONCE, CLLS, EDIT, NTLA, CRSP
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After Former Citron Short Target AveXis Gets Bought, Analyst Asks 'who's Next'
Article By: The Fly
Monday, April 9, 2018 11:25 AM EDT
AveXis shares are surging after the gene therapy researcher announced an agreement to be acquired by Novartis for $218 per share, or $8.7billion in cash. This comes two years after Citron Research made a short call of a AveXis $5 price target.
In this article: NVS, AVXS Also: BMRN, VYGR, BLUE, ONCE, RGNX
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AveXis Announces Proposed Public Offering Of Common Stock
Article By: NASDAQ GlobeNewswire
Tuesday, January 16, 2018 11:28 AM EDT
AveXis, Inc. today announced that it intends to offer and sell, subject to market conditions, up to $400 million of shares of its common stock in an underwritten public offering.
In this article: AVXS
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AveXis Inc.: Shares Spike On Positive Top Line Results For AVXS-101 Despite Q4 Loss
Article By: TickerTV
Friday, March 17, 2017 9:00 AM EDT
AVXS opened trading yesterday at $74.46, which was down from the previous day’s trading close of $74.88. Shares closed trading yesterday at $72.78 and spiked up after market to $81.50, equivalent to a 12% increase from the closing price.
In this article: AVXS
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AveXis Slides After Biogen, Ionis SMA Drug Approval
Article By: The Fly
Tuesday, December 27, 2016 2:12 PM EDT
Shares of AveXis are slipping after Biogen and Ionis Pharmaceuticals received FDA approval for Spinraza, their treatment for spinal muscular atrophy, or SMA.
In this article: BIIB, IONS, AVXS
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