United Therapeutics (UTHR) Tops Q1 EPS by 19c, Miss on Revenues

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JMP Securities Downgrades SteadyMed (STDY) to Market Perform Following Acquisition

May 1, 2018 3:25 AM EDT

JMP Securities downgraded SteadyMed (NASDAQ: STDY) from Market Outperform to Market Perform.

Analyst Donald Ellis steps to the sideline following the recent acquisition by United Therapeutics (NASDAQ: UTHR). The analyst is not expecting a competing offer to... More

Pre-Open Movers 04/30: (STDY) (ANDV) (FDC) Higher; (CTB) (S) (ARNC) Lower (more...)

April 30, 2018 9:27 AM EDT

Today's Pre-Open Movers

SteadyMed Ltd. (NASDAQ: STDY) 81.1% HIGHER; United Therapeutics Corporation (NASDAQ: UTHR) and SteadyMed Ltd. (NASDAQ: STDY) announced today the signing of a definitive merger agreement under which United Therapeutics will acquire SteadyMed for $4.46 per share in cash at closing and an additional $2.63 per share in cash upon the achievement of a milestone related to the commercialization of Trevyent®. The transaction, including the $75 million in contingent consideration, is valued at $216 million.

Pluristem Therapeutics Inc. (Nasdaq:... More