Arecor Therape Share Price (AREC)

They are talking about an oral version of Wegovy/Ozempic, which could be huge if they can improve upon the bioavailability of extant formulations.

I think I know the reason for the current weakness in the share price. Downing LLP are closing down and as such liquidating their positions. The last I saw was that they held just over 5% of Arecor, but that was from over a year ago and they have been selling for some time now. I do not know how many they have left, but I believe this is an opportunity to either add or take a position in the company at, in my opinion, bargain basement prices. I do not believe the share would be at current levels but for this special situation.

I bought 9,000 @ 166.88 just after opening, not showing ...

I have no idea why, but there must be a large seller. All the volume in recent days have been buys...I bought some this morning, but the price is not moving. Time was that it was v illiquid, but I think at least 25k has been bought over the week and the price has not moved.

Sanofi to acquire INBRX-101 for up to $2.2 billion.

hxxps://www.prnewswire.com/news-releases/inhibrx-announces-sale-of-inbrx-101-to-sanofi-for-an-aggregate-value-of-up-to-2-2b-302041424.html