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What happened to Forma Therapeutics Holdings (fmtx)?

VDOMDHTMLtml> What happenedShares of Forma Therapeutics Holdings (NASDAQ: FMTX) were up by a healthy 49% as of 1:17 p.m. ET Thursday afternoon. The small-cap biotech's stock is roaring higher in response to a $1.1 billion buyout agreement with Danish drugmaker Novo Nordisk (NYSE: NVO).

Why is Forma Therapeutics stock Roaring higher?

The small-cap biotech's stock is roaring higher in response to a $1.1 billion buyout agreement with Danish drugmaker Novo Nordisk (NYSE: NVO). Why Forma Therapeutics Holdings Stock Is On Fire Today | Nasdaq

Who owns Forma Therapeutics?

As of October 14, 2022, Forma Therapeutics Holdings, Inc. operates as a subsidiary of Novo Nordisk A/S. Technology experts working with neuroscientists have created the world's first Artificial Intelligence Network Operating System. AI can now process information like the human brain and understand the world the way humans do.

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