1.3 mil share block around 130pm on 12/1.Probably Sofinnova investments..question is who bought it
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Where is the result of MCLA-158 , expected jan 2021 ??
Y
Merus reached a 52 Week high at 24.82
Y
Merus reached a 52 Week high at 31.13
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Merus reached a 52 Week high at 31.13
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Reuters news on 20 August that Merus filed for US mixed shelf offering for up to USD 250 million. This news somehow does not reach yahoo. Merus is a promising biotech but this ought to be known to investors more broadly. Not sure based on SEC filing how much they will add to share count and terms. Dillution usually not a good thing, cash position should be enough. Awating more info I say at the sidelines for a while.
Y
Merus reached a 52 Week high at 21.23
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Up 5.4% without any news. That's the way thinly traded small caps roll.
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News about MCLA - 145 (monoclonal antibody)being co-developed with INCY.
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volume leads price like I've been saying for a few months (read past posts). Going higher.
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Expect some "tape painting" the last few trading days of 2017. Should see move near $20.
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Check out the largest stake by Novo (not to mention BB). Novo knows a good thing when they see it and lost out on the bidding for Ablynx, but MRUS is more valuable in the long run and cheaper.
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getting ready to move up-volume increasing with price