Shares of Edgewise Therapeutics, Inc. (EWTX) surged 15% on Monday morning after announcing the sale of sevasemten and its muscular dystrophy business to Servier in a deal worth up to $2.65 billion.
The stock is currently trading at $39.50, up $5.34 or 15.63%, on the Nasdaq. It opened at $40.60 after closing the previous session at $34.16. The stock has traded between $12.15 and $40.76 over the past 52 weeks.
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