Why Shares of Viatris Climbed 18.8% in May

Shares of Viatris (NASDAQ: VTRS), a biopharmaceutical company known for its branded, generic, and biosimilar therapies, saw its shares rise 18.8% in May, according to data provided by S&P Global Market Intelligence.

The stock was at $10.33 at the close on April 29, the last trading day of the month. It opened at $10.35 on May 2, the first trading day of the month, then rose to a monthly high of $12.35 on May 31 before closing at $12.27. The stock's 52-week low is $9.66, with its 52-week high at $15.92. Despite the strong month, the stock is still down more than 13% so far this year.

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Source Fool.com