Avalo Therapeutics Stock Gains 38% Over Pricing Of $375 Mln Offering
Avalo TherapeuticsAvalo Therapeutics(US:AVTX) RTTNews·2026-05-06 22:59

Stock of Avalo Therapeutics, Inc. (AVTX) is rising about 38 percent in Wednesday morning trading after the company priced an offering of 250 million shares of common stock and pre-funded warrants at a combined price of $1.50 per share. This article is part of our premium content offering.Subscribe with a RTTNews subscription. The company's shares are currently trading at $22.42 on the Nasdaq, up 38.13 percent. The stock opened at $22.80 and has climbed as high as $23.71 so far in today's session. Over the p ...

Avalo Therapeutics Stock Gains 38% Over Pricing Of $375 Mln Offering - Reportify