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Stock impact report

Why BioMarin Pharmaceutical (BMRN) Stock Is Trading Up Today [Yahoo! Finance]

BioMarin Pharmaceutical Inc. (BMRN) 
Last biomarin pharmaceutical inc. earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.biomarin.com
Company Research Source: Yahoo! Finance
The transaction valued Amicus at $14.50 per share, which represented a 33% premium to its last closing price. The acquisition expanded BioMarin's position as a leader in rare diseases by adding two marketed treatments, Galafold and Pombiliti-Opfolda, to its portfolio. Investors reacted positively as the move was expected to accelerate revenue growth and boost earnings per share within the first year after closing. The deal also received unanimous approval from the boards of directors of both companies, signaling strong support for the merger. The shares closed the day at $61.19, up 17.8% from previous close. Is now the time to buy BioMarin Pharmaceutical? Access our full analysis report here BioMarin Pharmaceutical's shares are not very volatile and have only had 5 moves greater than 5% over the last year. Moves this big are rare for BioMarin Pharmaceutical and indicate this news significantly impacted the market's perception of the business. The previous big move we wrote ab Show less Read more
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