What's Happening With French Biotech Abivax Stock On Wednesday?

Abivax SA’s (NASDAQ:ABVX) stock is trading higher on Wednesday.The stock reacted to market rumours that U.S. pharma giant Eli Lilly and Co (NYSE:LLY) could make an offer. • Abivax stock is charging ahead with explosive momentum. Check out ABVX shares here.The “share price movement is driven by speculation around a possible takeover,” Stifel analyst Damien Choplain told Reuters.Over the past six months, the Paris-based company’s stock has surged by over 1,500% as per data from Benzinga Pro.Abivax stock skyrocketed in July after the company announced overwhelmingly positive topline results from its Phase 3 ...Full story available on Benzinga.comWeiter zum vollständigen Artikel bei Benzinga Weiter zum vollständigen Artikel bei Benzinga