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Lithium Americas Corp. LAC

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Price alert · LAC

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1.49 USD -0.14 (-8.59%)

Regular-session close

1.49 0.00 0.00%

After hours · Nov 13, 7:58 PM ET

1.48 Day range 1.67
1.49 52-week range 6.44
YTD
-65.83%
1 year
-67.61%

Discussion (664)

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VICKY HANUKA LAC 3 years ago #52

$PTC Therapeutics(PTCT.US)$ ?????????????? Royalty Pharma Announces Agreement to Purchase Up to $1.5 Billion of PTC Therapeutics' Royalty on Evrysdi -- Royalty Pharma purchases a portion of royalties on Roche's Evrysdi for
$1.0 billion upfront
-- PTC Therapeutics has option to sell rest of royalty for up to $500
million; Royalty Pharma has option to buy half of rest of royalty for up
to $250 million
-- Transaction expected to enhance long-term Adjusted Cash Receipts growth
(non-GAAP)
-- Royalty Pharma to host conference call today, Thursday, October 19 at
9:00am EDT
NEW YORK, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Royalty Pharma plc (Nasdaq: RPRX) announced today an agreement with PTC Therapeutics, Inc. to acquire additional royalties on Roche's Evrysdi for $1.0 billion upfront. The agreement includes options for PTC to sell up to all of its retained royalties on Evrysdi for up to $500 million or for Royalty Pharma to acquire half of such retained royalties for up to $250 million at a later date.

Chris D LAC 3 years ago #53

Wow. What a bloodbath.

Chris D LAC 3 years ago #54

I just need avert my eyes at the point.

Chris D LAC 3 years ago #55

Morningstar fair value at $20. Materially undervalued, not high risk, no moat

Chris D LAC 3 years ago #56

It’s amazing how many people here have no clue about a company they own.

Chris D LAC 3 years ago #57

New LAAC shares will be visible 48-72 hrs after the settlement period.

Chris D LAC 3 years ago #58

No need to chase this one. It’ll be back down to $18 next week.

Logan Mcbride LAC 3 years ago #60

Sounds like some guys who shorted this started to get scared hahahahaha