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Aurinia Pharma Gains 15% In Premarket As It Explores Strategic Options Including Sale

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Shares of Aurinia Pharmaceuticals Inc. (AUPH) are surging more than 15% in pre-market trade on Friday at $10.59.

Thursday, the company's Board revealed that it has started exploring strategic alternatives including a sale or merger of the company, among others.

JP Morgan is acting as the financial advisor in the process, the company said.

On Thursday, AUPH closed at $9.16, down 0.22%. It has traded in the range of $4.07 - $12.60 in the last 1 year.

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