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Here are the reasons for top movers today
Generated by AI AgentMover Tracker
Wednesday, Jan 24, 2024 5:15 pm ET1min read
Merck & Co reported an 11.4% stake in EVAX as of December 21, 2023. This is likely causing the stock to rise as a large firm like Merck investing in the company brings legitimacy and potential for partnership or acquisition in the future. Additionally, EVAX announced the completion of changing their ADS ratio which could make the stock more accessible to smaller investors
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