Theratechnologies (THTX) Soars 32.47% on Revenue Growth, Acquisition Buzz

Generated by AI AgentAinvest Movers Radar
Monday, Apr 14, 2025 6:38 pm ET1min read

Theratechnologies (THTX) surged 32.47% today, marking its second consecutive day of gains, with a total increase of 93.23% over the past two days. The share price reached its highest level since September 2023, with an intraday gain of 61.34%.

Theratechnologies reported a 17% year-over-year increase in Q1 revenue, rising from $16.247M to $19.047M. This significant growth in revenue has contributed to the recent surge in the company's stock price.

Future Pak's proposed acquisition of

is anticipated to significantly increase the stock's value, with analysts predicting a 75.26% upside. The acquisition offer, which is fully supported by Colbeck Capital Management, is currently under review by Theratechnologies’ board. Future Pak has submitted a cash proposal to acquire Theratechnologies, offering between $3.51 to $4.50 per share, valuing the deal at up to $255 million.

Theratechnologies is engaged in exclusive discussions with another potential acquiror for the sale of the company, amid proposals from Future Pak. Soleus Capital is advocating for Theratechnologies to accept Future Pak’s acquisition offer, which analysts believe holds substantial potential.

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