GILD - 24/7 Market News Wrap 19 Dec 2023

2023-12-19 17:11:10 ET

DENVER, Colo., Dec. 19, 2023 ( www.247marketnews.com )- 24/7 Market News covered the following companies today; Compugen Ltd (NASDAQ: CGEN), Gilead Sciences, Inc. (NASDAQ: GILD), Infobird Co Ltd (NASDAQ: IFBD), and Panbela Therapeutics Inc (NASDAQ: PBLA).

Compugen was trading at $1.07, up $0.34 (+46.58%), on 586K shares traded, in the premarket, when we covered their joint announcement with Gilead (NASDAQ: GILD), stating that they signed an exclusive license agreement for its potential first-in-class, pre-clinical antibody program against IL-18 binding protein, with a total deal value of up to $848 million.

Compugen hit a high of $2.46 and closed at $2.00, up $1.27 (+173.97%), on trading volume of 112.9M shares. It looks like it may continue to run through tomorrow’s premarket.…

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