Why Did Tevogen Bio Holdings Stock Soar 31.27%?

Generated by AI AgentAinvest Movers Radar
Tuesday, Apr 29, 2025 4:07 am ET1min read
TVGN--

On April 29, 2025, Tevogen Bio HoldingsTVGN-- experienced a significant surge, with its stock price rising by 31.27% in pre-market trading.

Tevogen Bio Holdings' stock price saw a notable increase during the after-hours session on Monday, April 29, 2025. This surge was attributed to a press release issued earlier in the day, where the company reaffirmed its oncologyTOI-- top-line revenue forecast of $1 billion for the launch year and a cumulative 5-year estimate ranging between $10 billion and $14 billion. This positive news likely contributed to the investor optimism and the subsequent rise in the stock price.

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