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NASDAQ:ETNB 5 November 2025

Roche’s $3.5B Bet on 89bio (ETNB) – Stock Soars to New Highs as NASH Breakthrough Looms

Roche’s $3.5B Bet on 89bio (ETNB) – Stock Soars to New Highs as NASH Breakthrough Looms

Roche completed its $3.5 billion acquisition of 89bio on Oct. 29, 2025, paying $14.50 per share in cash plus up to $6.00 per share in milestones. ETNB stock hit a 52-week high of $15.06 after the deal, reflecting a 52% premium. 89bio’s lead drug, pegozafermin, is in Phase 3 trials for MASH and SHTG. The company remains pre-revenue, reporting a $149 million net loss over the past year.
5 November 2025
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Stock Market Today

  • Nut Tree Capital Management Reveals 8.3% Stake in Trinseo PLC
    May 15, 2026, 6:45 PM EDT. Nut Tree Capital Management, including affiliates and CIO Jared R. Nussbaum, reported holding 8.3% of Trinseo PLC ordinary shares as of March 31, 2026. The shares, with a par value of $0.01 each, are held through Nut Tree Master Fund, LP, for which Nut Tree Capital Management serves as investment adviser. Trinseo, a materials company headquartered in Wayne, Pennsylvania, now counts Nut Tree as a significant shareholder. The disclosure complies with U.S. Securities and Exchange Commission rules requiring investors exceeding 5% ownership to file reports.

Latest articles

SpaceX IPO Date Moves Up as Musk’s $1.75 Trillion Nasdaq Listing Nears

SpaceX IPO Date Moves Up as Musk’s $1.75 Trillion Nasdaq Listing Nears

16 May 2026
SpaceX plans to list on Nasdaq as early as June 12 under the ticker SPCX, seeking to raise about $75 billion at a $1.75 trillion valuation, sources told Reuters. The company aims to publish its prospectus next week, with investor meetings set for June 4. Bloomberg reported Brookfield has already placed a $2 billion bet ahead of the IPO. SpaceX’s filing includes supervoting shares and strict limits on shareholder proposals.
Broadcom Slips as AI Chip Stocks See Selling

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16 May 2026
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Macy’s jumps after Berkshire Hathaway stakes claim as tariff worries loom

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16 May 2026
Berkshire Hathaway disclosed a $55 million stake in Macy’s, sending the retailer’s shares up 5.9% in after-hours trading. The position, revealed in a quarterly SEC filing, covers about 3.04 million shares as of March 31. Macy’s board declared a quarterly dividend of 19.15 cents per share, payable July 1. The company forecast lower net sales for fiscal 2026 amid ongoing tariff and consumer spending pressures.
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