Subscribe to Money Morning get daily headlines subscribe now! Money Morning Private Briefing today's private briefing Access Your Profit Alerts

"Uplisting Liftoff" for This Biotech Play

In our report back on April 28, we predicted that a follow-on stock offering and "uplisting" move by Galapagos NV (Nasdaq ADR: GLPG) would ignite the biotech's shares.

And that's just what happened.

The $184 million stock offering went through yesterday. Galapagos also "uplisted" from the over-the-counter market the more liquid Nasdaq stock market. At the same time, the company shifted its ticker from GLPYY to GLPG.

Leave a Reply

Your email address will not be published. Required fields are marked *

Some HTML is OK