Tag: biotech

  • How to Trade the Biotech M&A Boom

    How to Trade the Biotech M&A Boom

    Biotech stocks are breaking higher. All thanks to the return of M&A. Most recently, Bristol Myers agreed to acquire RayzeBio in a $4.1 billion deal, which is a 100% premium to its Friday closing price. “This transaction enhances our increasingly diversified oncology portfolio by bringing a differentiated platform and pipeline, and further strengthens our growth…

  • This Biotech Stock Jumped 1,007% in a Day

    This Biotech Stock Jumped 1,007% in a Day

    Biotech stocks can produce massive wins. Especially if they come up with potential game-changers in health. Look at Ambrx Biopharma (AMAM), for example.  On Friday, the stock exploded 1,007% on volume of 123.7 million shares, as compared to the daily average volume of 2.01 million shares. All after the company produced positive results from the…