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Stock impact report

Here's Why Deciphera Pharmaceuticals Rose 31.6% in December [The Motley Fool]

Deciphera Pharmaceuticals, Inc. (DCPH) 
Last deciphera pharmaceuticals, inc. earnings: 3/9 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: deciphera.com/investor-relations
Company Research Source: The Motley Fool
Here's Why Deciphera Pharmaceuticals Rose 31.6% in December The solid end of the year performance meant shares nearly tripled in 2019. Shares of Deciphera Pharmaceuticals ( NASDAQ:DCPH ) lept over 31% last month, according to data from S&P Global Market Intelligence . The monthly run-up topped 45% at one point before shares cooled off in the final days of the decade. Despite that, the stock erupted for a 196% gain in 2019. There wasn't any company-specific news to send the pharma stock soaring, but investors have kept Deciphera Pharmaceuticals near the top of the list for potential buyout candidates. As such, when merger and acquisition activity picks up in the industry, shares are likely to become a little volatile. The speculation isn't entirely unwarranted. Deciphera Pharmaceuticals boasts a pipeline of checkpoint inhibitors that have delivered impressive results in clinical trials. They're also wholly owned, which could attract a potential suitor now or later, especially if late- Show less Read more
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