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NASDAQ:EVOK 4 November 2025

Evoke Pharma (EVOK) Stock Skyrockets on Buyout News – What’s Behind the Surge?

Evoke Pharma (EVOK) Stock Skyrockets on Buyout News – What’s Behind the Surge?

Evoke Pharma shares jumped about 135% to $10.77 on Nov. 4, 2025, after announcing a buyout by QOL Medical for $11 per share in cash. The $17 million deal, approved by both boards, is expected to close by year-end. Evoke’s only product is Gimoti, an FDA-approved nasal spray for diabetic gastroparesis. Q2 net sales rose 47% to $3.8 million, but the company remains unprofitable.
4 November 2025
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Stock Market Today

  • Indian Shares Set to Open Lower Amid Middle East Tensions and U.S. Inflation Surge
    June 11, 2026, 12:32 AM EDT. Indian shares are expected to open lower on Thursday due to heightened tensions in the Middle East and a sharp increase in U.S. inflation. The Middle East escalation has stoked geopolitical risks, while the inflation jump undermines investor confidence globally, leading to a risk-off sentiment across equity markets. These factors are weighing on market sentiment in India, reflecting broader concerns over economic stability and investor risk appetite.

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