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0.000594732370433247 0.000594732370433247 -0.00169923534409518 -0.00169923534409518 0.0195412064570943 0.0169073916737468 0.00356839422259984 0.00628717077315204
Stock impact report

Jim Cramer Highlights “Takeover Interest” in Revolution Medicines [Yahoo! Finance]

Revolution Medicines, Inc. (RVMD) 
Company Research Source: Yahoo! Finance
Of the 32 stocks that made our froth list, seven of them were biotechs, and four of them have more than doubled. Some of these moves are easy to understand. There's Revolution Medicines. It's up nearly 46% after reportedly drawing takeover interest from… Merck… That could be a winner. Others have had strong clinical trial results. I like that. But again, biotech is not a good leadership group. This is a boom and bust business where gains can disappear just as quickly as they materialize. At that JPMorgan Healthcare conference I went to… I got a feeling that all sorts of biotechs were raising money here and rallying to pretty incredible valuations, often based on nothing more than a press release. That's froth. Stock market data showing an upward trajectory. Photo by Burak The Weekender on Pexels Revolution Medicines, Inc. (NASDAQ:RVMD) is a clinical-stage oncology company developing targeted therapies for RAS-driven cancers. RAS refers to a family of genes that produce proteins c Show less Read more
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