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U.S. stocks were higher, with the Dow Jones index gaining more than 600 points on Tuesday.
Shares of Apellis Pharmaceuticals Inc (NASDAQ:APLS) rose sharply during Tuesday’s session after the company announced that it will be acquired by Biogen (NASDAQ:BIIB) for $41 per share.
Apellis Pharmaceuticals shares jumped 136.4% to $40.40 on Tuesday.
Here are some other big stocks recording gains in today’s session.
- Centessa Pharmaceuticals PLC – ADR (NASDAQ:CNTA) gained 45.7% to $40.18 after the company announced that it will be acquired by Eli Lilly for as much as $47 per share.
- Annexon Inc (NASDAQ:ANNX) gained 19.5% to $5.92 following fourth-quarter earnings.
- Agios Pharmaceuticals Inc (NASDAQ:AGIO) shares jumped 16.3% to $34.44 after the company announced that it will pursue accelerated FDA approval for mitapivat, an oral pyruvate kinase activator in sickle cell disease, …
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