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Sarepta Therapeutics Surges to 405th in Trading Volume with $207 Million in Shares Exchanged
Generated by AI AgentAinvest Volume Radar
Friday, Jun 6, 2025 7:46 pm ET1min read
On June 6, 2025,
(SRPT) experienced a significant surge in trading volume, with a total of $207 million in shares exchanged, marking an 83.29% increase from the previous day. This substantial trading activity placed at the 405th position in terms of daily trading volume. The stock price of Sarepta Therapeutics rose by 9.69%.Scotiabank upgraded Sarepta Therapeutics from a "sector perform" rating to a "sector outperform" rating on June 6, 2025. This upgrade was driven by several factors, including the belief that negative news, such as an Elevidys patient death and downward revision of 2025 sales guidance, has already been reflected in the stock price. The firm sees a favorable risk-reward ratio and several upcoming catalysts that could drive the stock higher. These catalysts include CBER Director Vinay Prasad’s increasingly positive stance on rare disease drugs, an expected pick up in Elevidys sales in the second half of 2025, potentially positive readouts for DM1, FSHD, and LGMD this year, and the R&D day scheduled for the latter half of 2025.
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