ABIVAX surges on positive Phase 3 data, AeroVironment jumps on record results

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Summary · why it matters

ABIVAX shares surged 27% after the company reported positive Phase 3 ABTECT Maintenance Part 2 results for obefazimod in refractory ulcerative colitis, demonstrating meaningful clinical benefit and reinforcing long-term safety. AeroVironment rallied 20% after posting record fiscal fourth-quarter results that beat estimates, with revenue more than doubling to $641.6 million and adjusted earnings per share of $1.84. On the losing side, Nuvectis Pharma fell 16% after pricing a public offering of 5 million shares at $20 each to raise $100 million, while Mama's Creations dropped 13% after pricing an offering of 5.56 million shares at $18 per share, also aiming to raise about $100 million.

Impact on stocks 4

Biotech & Genomic Medicine± Mixed · 2 stocks
Abivax SA
ABVX
▲ PositiveTechnologyrelevance

Positive Phase 3 ABTECT Maintenance Part 2 results for obefazimod in refractory ulcerative colitis.

Nuvectis Pharma Inc
NVCT
▼ NegativeCapitalrelevance

Priced public offering of 5 million shares at $20 each to raise $100 million, diluting existing shareholders.

Defense & Geopolitical Fragmentation▲ · 1 stocks
AeroVironment Inc
AVAV
▲ PositiveCapitalrelevance

Record fiscal Q4 results beat estimates with revenue more than doubling and adjusted EPS of $1.84.

Consumer Staples▼ · 1 stocks
Mama's Creations Inc.
MAMA
▼ NegativeCapitalrelevance

Priced offering of 5.56 million shares at $18 each to raise about $100 million, diluting existing shareholders.

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