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Investor's Business Daily

Investor's Business Daily

Gilead Sciences to buy CymaBay for $32.50 per share

Investor's Business Daily
Summary
Nutrition label

72% Informative

CymaBay is working on a treatment for a liver disease called primary biliary cholangitis.

Gilead notes the acquisition will complement its existing portfolio of liver disease drugs.

In premarket trades on today 's stock market, CyMABay stock surged 24.5% to 31.99 . The deal values shares at $ 32.50 apiece.

VR Score

68

Informative language

68

Neutral language

64

Article tone

formal

Language

English

Language complexity

57

Offensive language

possibly offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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no affiliate links