Opko Health (OPK) Owns Piece of VBI Vaccines (VBIV); Advanced Micro Devices (AMD) Surges on Analyst’s Viewpoint
Multinational pharmaceutical and diagnostics company Opko Health Inc. (Nasdaq:OPK) disclosed after the closing-bell Friday in a regulatory filing ( SC 13D ) with the Securities and Exchange Commission (SEC) a 15% stake (6,023,014 shares) in VBI Vaccines, Inc. (Nasdaq:VBIV).
Last week, VBI Vaccines released a corporate presentation highlighting opportunities for its pipeline portfolio in the areas of infectious disease (hepatitis B, cytomegalovirus, zika) and immuno-oncology (gioblastoma multiforme, medulloblastoma), and ongoing collaborations for its LPV Platform with Sanofi SA (NYSE:SNY) and GlaxoSmithKline plc (NYSE:GSK).
VBIV stock closed at $5.49, up $0.06 (or +1.10%) with a total volume of 64,150 shares traded on Friday.
VBI Vaccines, a commercial-stage biopharmaceutical company developing vaccine candidates and novel technology platforms, has 40.02M shares outstanding, market capitalization (intraday) of $219.74M and VBIV stock 52-week range is between $2.75 and $6.60 per share.
Shares of Advanced Micro Devices, Inc. (Nasdaq:AMD) climbed 3.56% (or +$0.50) to $14.55 on Friday’s trading session after brokerage firm Macquarie initiated coverage on its stock with a Neutral rating and a price target of $14.00
The semiconductor company said at the end of January that it expects first-quarter fiscal 2017 revenue to decrease sequentially by 8% to 14%.
Advanced Micro Devices, which develops computer processors and related technologies for business and consumer markets, has 941.40M shares outstanding, market capitalization (intraday) of $13.70B and AMD stock one-year range is from $2.60 to $15.55 per share.
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