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Immunomedics (IMMU) Rise Too Much As Seattle Genetics (SGEN) Deal Terminated?



5/8/2017 7:06:05 AM

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Shares of Immunomedics Inc. (NASDAQ: IMMU) saw a massive gain on Friday after the company announced the termination of its licensing deal with Seattle Genetics Inc. (NASDAQ: SGEN). It may seem counterintuitive that shares would rise after such an announcement. So 24/7 Wall St. has taken a closer look at the report to see if this rise is justified.

Read at 24/7 Wall St.


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