Advertisement
Canada markets close in 4 hours 9 minutes
  • S&P/TSX

    21,796.29
    -77.43 (-0.35%)
     
  • S&P 500

    5,010.73
    -60.90 (-1.20%)
     
  • DOW

    37,854.99
    -605.93 (-1.58%)
     
  • CAD/USD

    0.7301
    +0.0003 (+0.04%)
     
  • CRUDE OIL

    82.39
    -0.42 (-0.51%)
     
  • Bitcoin CAD

    87,476.53
    -1,173.64 (-1.32%)
     
  • CMC Crypto 200

    1,377.13
    -5.45 (-0.39%)
     
  • GOLD FUTURES

    2,343.70
    +5.30 (+0.23%)
     
  • RUSSELL 2000

    1,966.40
    -29.03 (-1.45%)
     
  • 10-Yr Bond

    4.7020
    +0.0500 (+1.07%)
     
  • NASDAQ

    15,449.77
    -262.98 (-1.67%)
     
  • VOLATILITY

    16.78
    +0.81 (+5.07%)
     
  • FTSE

    8,078.86
    +38.48 (+0.48%)
     
  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     
  • CAD/EUR

    0.6808
    -0.0011 (-0.16%)
     

Why BeiGene Stock Jumped Thursday

Why BeiGene Stock Jumped Thursday

Shares of BeiGene (NASDAQ: BGNE) rose 14.3% by late Thursday afternoon and closed the day 12.48% higher. The Chinese biotech company recently signed a collaboration deal with Israel biotech company Enlivex Therapeutics to evaluate the safety and efficacy of cancer therapy Allocetra as a combination therapy with tislelizumab, which BeiGene will supply, to treat advanced-stage solid tumors. BeiGene's shares are up more than 8% so far this year.