wonder121

What Gives With Avant Immunotherapeutics?

Your basing the market cap at less than fifteen million. This is incorrect , based on the current number of shares outstanding. Yahoo has been showing a number which is probably calculated on information prior to the reverse split. Marketwatch has the correct market cap shown as about 160 million. Based on this, the 40 million upfront payment is approximately one-quarter of the market cap which should has sustained a gain of near the 25 percent move up in the stock that took place before the pullback.