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APVO - Aptevo Therapeutics rallies 113% as Tang Capital discloses 54% stake
Aptevo Therapeutics Inc.
Aptevo Therapeutics (APVO) rose 113% premarket, currently trading at $50.52 after Tang Capital Partners reported a 54.4% stake in new 13D regulatory filing.The reporting persons have expended an aggregate of ~$28.1M to purchase 1.76M Aptevo shares through the open market.APVO share price has grown exponentially to ~267% over the past five days.