Dynavax Technologies Stock Soars on Buyout Buzz
Schaeffers Investment Research·2025-12-24 16:55

Biotech stock Dynavax Technologies Corp (NASDAQ:DVAX) is soaring today, last seen up 38.7% at 15.43, afterreportsthatSanofi(SNY)planstoacquirethecompanyinanallcashdealworthroughly15.43, after reports that Sanofi (SNY) plans to acquire the company in an all-cash deal worth roughly 2.2 billion. The acquisition is expected to close in the first quarter of 2026. Trading at fresh three-year highs, today's bullish gap has DVAX on track for its largest single-day percentage gain since February 2021. The shares are breaking into positive territory for the year, now up 20.8% year to date. Short co ...