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DewDiligence

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DewDiligence

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Re: stocksrising post# 250171

Tuesday, 12/26/2023 10:10:57 AM

Tuesday, December 26, 2023 10:10:57 AM

Post# of 251670
BMY acquires RYZB for $62.50/sh cash—a 104% premium to Friday’s close:

https://www.globenewswire.com/news-release/2023/12/26/2801050/0/en/Bristol-Myers-Squibb-Adds-Premier-Radiopharmaceutical-Platform-with-Acquisition-of-RayzeBio.html

The nominal deal value is $3.6B.

RYZB IPOd only three months ago at $18.00 (#msg-172827912). Hence, the investment return during this 3-month period was 247% (~3,600% annualized)!

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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