Here's Why Keryx Biopharmaceuticals and Akebia Therapeutics Are Plunging Today [The Motley Fool]
Akebia Therapeutics, Inc. (AKBA)
Last akebia therapeutics, inc. earnings: 3/10 07:49 am
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Source: The Motley Fool
Shares of both companies tumble after the two entities announced the signing of a merger agreement. Here's what investors need to know. Brian Feroldi ( TMFTypeoh ) Jun 28, 2018 at 11:21AM What happened In response to the companies signing a merger agreement, shares of Akebia Therapeutics ( NASDAQ:AKBA ) and Keryx Biopharmaceuticals ( NASDAQ:KERX ) fell 18% and 12%, respectively, as of 10:47 a.m. EDT on Thursday. So what Akebia Therapeutics and Keryx Biopharmaceuticals announced today that they have signed an agreement to merge. Here are the details that investors need to know: This deal will be an all-stock transaction. The newly created company will be called Akebia Therapeutics, Inc. Keryx shareholders will receive 0.37433 shares of the newly formed company for each share currently owned. Akebia's current president and
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AKBA
News
- Akebia Therapeutics, Inc. (NASDAQ: AKBA) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Buy Vafseo's Approval: A New Chapter For Akebia Therapeutics In Anemia Management [Seeking Alpha]Seeking Alpha
- Akebia Therapeutics, Inc. (NASDAQ: AKBA) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Akebia Therapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)PR Newswire
- Thinking about buying stock in Akebia Therapeutics, Mind Medicine, ATAI Life Sciences, Doma Holdings, or Iterum Therapeutics?PR Newswire
AKBA
Earnings
- 3/14/24 - Beat
AKBA
Sec Filings
- 4/16/24 - Form 8-K
- 3/28/24 - Form 8-K
- 3/15/24 - Form 8-K
- AKBA's page on the SEC website