Ablynx (ABLX) Surged To A New High After Rejecting Takeover Bid

Ablynx (ABLX) announced Monday morning that it has rejected a $3.1 billion takeover offer from Novo Nordisk.

Ablynx gapped open dramatically higher Monday and advanced further around mid-afternoon. The stock closed up by 12.71 at $38.62 on above average volume. Ablynx jumped to a new high.

by RTT Staff Writer

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