Jun. 26 at 9:52 PM
$GLUE Looks like a 2.9 million share trade went through at 4pm. Several other protein degrader / molecular glue companies also had huge trade at 4pm (
$ERAS $TNGX ). Money appears to be flowing into XBI. And select biotech buying accelerated maybe by 500 billion $$ freed up with recent sell off chip and A.I. sector?
Considering this, I think GLUE is going to blow past this year's high of
$25 very soon.
Furthermore, in addition, I think
$NRIX recent
$700 million dollar upfront deal with Roche just massively raised the ticket price for any big pharma wanting to partner with leading protein degrader / molecular glue companies.
