Avadel (AVDL) Soars to 10-Year High on Brewing Bidding War [Yahoo! Finance]
Alkermes plc - Ordinary Shares (ALKS)
Last alkermes plc - ordinary shares earnings: 4/29 07:00 am
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Source: Yahoo! Finance
Avadel extended its winning streak to a 5th straight day on Friday to hit a new 10-year high as investor sentiment was boosted by its receipt of a new acquisition proposal which appeared to be superior to Alkermes PLC's earlier bid. At intra-day trading, the stock jumped to its highest price of $23.57 before ending the day just up by 22.45 percent at $23.56 apiece. Avadel (AVDL) Soars to 10-Year High on Brewing Bidding War adriaticfoto/Shutterstock.com In a statement, Avadel Pharmaceuticals plc (NASDAQ:AVDL) said it received an unsolicited proposal from H Lundbeck A/S to acquire its shares at a price of $23 apiece, comprising of $21 in cash and non-transferrable contingent value rights (CVR) worth $2 upon the achievement of two annual sales milestones for Lumryz and valiloxybate. According to Avadel Pharmaceuticals plc (NASDAQ:AVDL), its board of directors deemed that Lundbeck's proposal would be superior to Alkermes, despite the two companies already signing a definitive a
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ALKS
News
- Alkermes to Participate in Two Upcoming Investor ConferencesBusiness Wire
- Alkermes (NASDAQ:ALKS) was downgraded by analysts at Zacks Research from a "strong-buy" rating to a "hold" rating.MarketBeat
- Alkermes plc Announces Increased Offer to Acquire Avadel Pharmaceuticals plc [Yahoo! Finance]Yahoo! Finance
- Alkermes plc Announces Increased Offer to Acquire Avadel Pharmaceuticals plcPR Newswire
- Alkermes plc Announces Increased Offer to Acquire Avadel Pharmaceuticals plcPR Newswire
ALKS
Earnings
- 10/28/25 - Beat
ALKS
Sec Filings
- 12/3/25 - Form 144
- 12/1/25 - Form 4
- 12/1/25 - Form 144
- ALKS's page on the SEC website