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XBIT News and Press, XBiotech Inc. From 02/13/20

Stock Information

Company Name: XBiotech Inc.
Stock Symbol: XBIT
Market: NASDAQ
Website: xbiotech.com

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XBIT - XBiotech Announces Preliminary Results of Tender Offer

AUSTIN, Texas, Feb. 13, 2020 (GLOBE NEWSWIRE) -- XBiotech Inc. (NASDAQ: XBIT) (“XBiotech”) today announced the preliminary results of its “modified Dutch auction” tender offer, which expired at 5:00 p.m., New York City time, on February 12, 2020. Based on the pre...

XBIT - XBiotech Is Trading Below Its $30 Offer Price For Good Reason, But It Still Could Rise

On Tuesday, XBiotech Inc. ( XBIT ) rose 31% to $24.33 after the company announced that it intends to proceed with a partial tender offer of its shares in the $30 to $33 range for $420 million. It followed that up with another green day on Wednesday to close at $24.94, which is still a 20% di...

XBIT - Why XBiotech Shares Are Skyrocketing 32.7% Today

After the company announced that it will repurchase up to $420 million of its shares at a price no lower than $30 nor higher than $33 apiece, shares in XBiotech (NASDAQ: XBIT) are surging 32.7% higher at 3:00 pm EST on Tuesday. The share repurchase follows Johnson & Johnson 's (NYSE: ...

XBIT - BYND, FCEL among premarket gainers

RTI Surgical Holdings (NASDAQ: RTIX ) +105%  on sale of OEM business . More news on: RTI Surgical Holdings, Inc., TransEnterix, Inc., XBiotech Inc., Stocks on the move, , Read more ...

XBIT - XBiotech Commences Tender Offer to Purchase up to $420,000,000 of its Shares

AUSTIN, Texas, Jan. 14, 2020 (GLOBE NEWSWIRE) -- XBiotech Inc. (NASDAQ: XBIT) (“XBiotech”) announced today that it commenced a “modified Dutch auction” tender offer to purchase up to $420,000,000 of its common shares, or such lesser number of common shares as are pr...

XBIT - Waiting For Value Investing To Flow

2019 finishes with an extra kick for investors. Part of that is the continued strong run of the market, erasing memories of last year's near bear market and extending the decade-long bull. There also are plenty of market headlines and events that have sprung over the end of the year, from Ph...

XBIT - XBiotech says bermekimab sale to J&J closes

XBiotech (NASDAQ: XBIT ) +1.8% after-hours following news it closed the sale of its True Human antibody bermekimab to Johnson & Johnson's Janssen Biotech unit. More news on: XBiotech Inc., Healthcare stocks news, Stocks on the move, Read more ...

XBIT - XBiotech Closes on Sale of True Human Antibody Bermekimab to Janssen

AUSTIN, Texas, Dec. 30, 2019 (GLOBE NEWSWIRE) -- XBiotech Inc. (NASDAQ: XBIT) announced today closing of the sale of the Company’s True Human antibody Bermekimab to Janssen Biotech, Inc. (Janssen), a Janssen Pharmaceutical Company of Johnson & Johnson. Upon closing, Janssen paid ...

XBIT - XBiotech Move To Out-Licence Next Generation Antibody Brings In Substantial Cash For Pipeline Expansion

XBiotech ( XBIT ) surged higher recently after the company announced a massive out-licensing deal worth $1.35 billion based on its antibody drug Bermekimab. Xbiotech had made a deal with Johnson & Johnson ( JNJ ) to outlicense its product Bermekimab, which is being developed to t...

XBIT - XBiotech Added to NASDAQ Biotechnology Index

AUSTIN, Texas, Dec. 17, 2019 (GLOBE NEWSWIRE) -- XBiotech Inc. (NASDAQ: XBIT) announced today that the company was selected for addition to the NASDAQ Biotechnology Index (NASDAQ:NBI). The addition to the NBI will become effective prior to market open on Monday, December 23, 2019. T...

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