Ventyx stock jumps on Lilly’s $1.2 billion buyout — and why it’s still trading under $14
Shares of Ventyx Biosciences jumped on Wednesday after Eli Lilly agreed to buy the San Diego-based biotech in a $14-per-share all-cash deal. Ventyx closed up about 37% at $13.81 and was last at $13.73 in after-hours trading, still shy of the offer price. Yahoo Finance
