ARQL - DAILY CHARTHi, today we are going to talk about ArQule and its current landscape.
ArQule shares are in evidence today as was unveiled that the company it's going to be acquired by the American multinational pharmaceutical company Merck & Co., Inc. for $20 per share in cash, totalizing a deal of $2.7 billion. In this season of Mergers and Acquisitions, the Merck & Co. move is based on its interest in pushing its already established leadership on the Cancer-Drug Race, since the company has the top-selling immunotherapy drug Keytruda, as the attention of the pharmaceutical over the sector growths.
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ARQL
ARQL: $19.68 | Forward $55bn Cap @$400 | Health is an Investmentthis is like Msoft Google in the tech during early days
with ARQULE science and projects in the pipeline
big boys should take a look into whats brewing on PRECISION MEDICINE
ARQL LongStill in trade, watching how this value channel is holding up since gap up. Already taken profit at swing high given the amount of move.
$ARQL LONGArql ( Arqule) Market cap : 345 Mil( 22 may) Sector : healthcare Industry : biotechnology Fair Value : 3,57
