Cerevel Therapeutics shares are trading lower amid unconfirmed rumors of a recommendation memo from FTC staff to challenge the AbbVie merger.
Portfolio Pulse from Benzinga Newsdesk
Cerevel Therapeutics shares are trading lower due to unconfirmed rumors that FTC staff may recommend challenging the AbbVie merger.
July 03, 2024 | 3:58 pm
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Cerevel Therapeutics shares are trading lower due to unconfirmed rumors that FTC staff may recommend challenging the AbbVie merger.
The unconfirmed rumors about the FTC staff's recommendation to challenge the AbbVie merger have created uncertainty, leading to a decline in Cerevel Therapeutics' stock price.
CONFIDENCE 70
IMPORTANCE 80
RELEVANCE 100