Market
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Flywire gets Buy rating from Deutsche after recent weakness (NASDAQ:FLYW)
pp76/iStock via Getty Images Deutsche Bank analyst Nate Svensson started coverage of Flywire Corp. (NASDAQ:FLYW) stock with a Buy rating on Monday after recent selling pressure has created a good buying opportunity for investors. Since the start of 2024, FLYW has shed 7.3%. From a year ago, the stock retreated 19.6%. At five times his 2025 EV/gross profit estimate, FLYW…
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Gilead invests $320M in Arcus, expands stake to 33% (NYSE:RCUS)
Sundry Photography Arcus Biosciences (NYSE:RCUS) shares jumped 16% in post-market trading Monday following news that partner Gilead Sciences (NASDAQ:GILD) has increased its stake in the company to 33% to help accelerate their joint development programs. Gilead upped its stake by buying $320M shares of Arcus at $21 per share. The deal entitles Gilead to an additional seat on Arcus’s board,…
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