web analytics
Pubblicità

Feb

7

Dendreon Corporation Up Yesterday On Rumors

Filed Under Dendreon, Investimenti 

di Giancarlo Nicoli

A couple of rumors yesterday regarding Dendreon Corporation (DNDN).

Shares surged, on more than tripled average turnover, almost 17% reportedly after U.S. health regulators published a critical review of rival Amgen Inc.’s (AMGN) drug for prostate cancer. Where’s the connection between FDA review of Amgen’s drug and Dendreon is puzzling me.

Anyway.

Rumor #1: January turnover much bigger than expected.

Rumor #2: Amgen is going to buy DNDN out. With an offer in the $21 range.

These are rumors, not news, there are no PRs and no confirmations anywhere.
Take these rumors with plenty of salt.

Related posts/Post correlati:

  1. Dendreon Corp.’s Latest Developments: What They Mean
  2. Dendreon Announces CEO and Chairman Succession Plan
  3. Dendreon: Management Signals Stock is Undervalued and a Potential Takeover Candidate.
  4. Dendreon – still a tenbagger? Attempting an evaluation

Tags:

, , , , ,

Comments

Leave a Reply

You must be logged in to post a comment.