Invivyd spikes to 19-month high as investors back new raise

Invivyd spikes to 19-month high as investors back new raise

Invivyd stock hit a 19-month high after announcing an underwritten public offering just days after Point72 and Janus Henderson disclosed significant stakes. Proceeds will fund potential launch preparation for VYD2311 and bolster its pipeline. The firm recently reported stronger Q3 revenue and a sharply reduced net loss. Shares later slipped 8.6% in after-hours trading.

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