Lyell Immunopharma (LYEL) said Wednesday it has struck a deal to sell $80 million shares to investors, including ARCH Venture Partners and Adage Capital Management, extending its cash runway into 2028.
Shares soared 43%, with intraday trading volume catapulting to over 925,000 from a daily average of about 150,000.
Helen of Troy (HELE) said its board has rejected an unsolicited, non-binding proposal from Empower Brands to acquire the firm for $37.00 per share in cash. Empower is owned by Spectrum Brands (SPB) and Oaktree Capital Management.
Helen of Troy shares surged 22% as trading volume jumped to over 1.7 million from a daily average of roughly 436,000.
LivaNova (LIVN) reported Q3 adjusted earnings and revenue above market expectations and raised its 2026 guidance.
Shares climbed up 24% as intraday trading volume grew to more than 2.3 million from a daily average of about 640,000.
Price: 15.37, Change: +4.60, Percent Change: +42.71
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