AVDL's board calls Lundbeck's higher $23-per-share bid superior to its Alkermes deal, triggering a critical five-day response window.
Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:
The market continues to trade deeper in overbought territory based on most traditional valuation metrics. Most of the gains over the past three years have been driven by tech giants riding the AI Revolution higher. Equities continue to hit all-time highs even the government shut down has nearly hit the one month mark and trade tensions remain between China and the U.S.
| Specialty Retail Industry | Consumer Discretionary Sector | Gregory J. Divis Jr. CEO | XDUS Exchange | IE00BDGMC594 ISIN |
| IE Country | 188 Employees | - Last Dividend | - Last Split | 7 Jun 1996 IPO Date |
Avadel Pharmaceuticals plc is a biopharmaceutical firm based in the United States, with its headquarters in Dublin, Ireland. Initially founded as Flamel Technologies SA, the company underwent a name change to Avadel Pharmaceuticals plc in January 2017, signaling a new phase in its journey since its incorporation in 2015. The company specializes in developing and delivering pharmaceutical products, focusing on therapies that address unmet medical needs. Avadel Pharmaceuticals plc has carved a niche for itself in the biopharmaceutical industry through its innovative drug development programs and a commitment to improving the lives of patients suffering from various conditions.