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iTeos Therapeutics, Inc. (ITOS)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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24.69+0.66 (+2.75%)
At close: 4:00PM EDT
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  • k
    khaled
    Only $970M company, getting $625M upfront and 2 Billion deal. HUGE POTENTIAL.
  • T
    Tordur
    40 soon
  • k
    kevin
    Amazing deal , and the sp is down . I have seen stocks move up on $2 million dollar contracts
  • J
    Jan
    O yeah, proud Belgian here bought in last week. Never got this lucky before. Very good CEO.
  • m
    mw
    $625 millions upfront payment and this thing is still under $30 with a 52 week high of $47.head shaking
  • T
    Tordur
    (Bloomberg) -- GlaxoSmithKline Plc will pay U.S. company iTeos Therapeutics Inc. as much as $2.1 billion to develop a potential immune therapy as the British drugmaker rebuilds its pipeline of cancer drugs.
    Glaxo and iTeos agreed to develop and commercialize the monoclonal antibody treatment, which is in early-stage trials against advanced solid tumors, they said in a statement Monday. iTeos will receive an upfront payment of $625 million, with additional milestone payments of up to $1.45 billion.
  • T
    Tordur
    this could go parabolic soon
  • j
    jung
    It just has to fill the gap @$20.05 so that it wouldn't try to revisit it in the future. However I don't really see any imminent catalyst to take the price substantially higher either. You probably have to hold it for a while to make profit.
  • T
    Tordur
    has to break 38 then skyrocket!
  • m
    mw
    $900 millions in cash and market capacity is $970 millions.
    this thing must go higher.
    Bullish
  • d
    dragon
    At this price, the market cap of the stock is roughly equal to the amount of cash ($321mm at end of March + $650mm from the deal). Interesting how market is trading, maybe someone knows something...
  • T
    Tordur
    someone just bought 200k shares
  • h
    hedgcoth
    I couldn’t be happier with the daily emails I get from (http://Thetraderguide.com). They give me the best daily advice based on stock market news and help me make wiser decisions when it comes to investing. An absolute must for any investor!
  • M
    Masse
    where is the rocket?
    Bullish
  • T
    Tordur
    This should atleast trade at 40$. The deal is massive
  • N
    Noisy
    Weird just tried to buy and it says the security is not available to settle by cds, cds is canada clearing house.....isnt this the same thing that happen to gme... they are holding this stock down?
    Bullish
  • T
    Tordur
    lets get it, power hour!
  • T
    Tordur
    This is why the stock market gives no sense today. Amazing deal
  • m
    mw
    upfront payment of 625 millions and this thing is just few $ up.
    you must be kidding me.
    Bullish
  • D
    Dragan
    Follow the money, they are getting now 18 $ per outstanding shares and more coming. Good deal...