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Why Biogen Stock Was a Winner on Wednesday


Is Biogen (NASDAQ: BIIB) about to be acquired?

One news article published on Wednesday reported that this is a possibility. As a result, the company's shares shot up almost 10% higher on the day. It didn't hurt that the rumored buyer is a massive and well-capitalized company that's active in nearly every international market.

Image source: Getty Images.

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Source Fool.com

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