Previous close | 7,755.00 |
Open | 7,647.00 |
Bid | 7,602.00 x 0 |
Ask | 7,608.00 x 0 |
Day's range | 7,590.00 - 7,719.00 |
52-week range | 4,854.00 - 9,386.00 |
Volume | |
Avg. volume | 10,539,055 |
Market cap | 11.144T |
Beta (5Y monthly) | 0.79 |
PE ratio (TTM) | N/A |
EPS (TTM) | -382.32 |
Earnings date | 13 May 2024 |
Forward dividend & yield | 44.00 (0.57%) |
Ex-dividend date | 28 Mar 2024 |
1y target est | 10,382.10 |
Labcorp will acquire all of the bankrupt firm's assets on a going concern basis for $239 million in cash consideration and other non-cash consideration, the companies said in separate statements. In February, Invitae filed for voluntary Chapter 11 protection in a U.S. bankruptcy court and said that it intended to pursue a sale process. Invitae's estimated assets were in the $500 million - $1 billion range, while its liabilities were in the $1 billion - $10 billion range, according to the bankruptcy filing.
Laboratory service provider Labcorp said on Wednesday it will acquire Softbank-backed Invitae Corp's assets auctioned through a voluntary bankruptcy protection process, a few months after the genetic test maker filed for bankruptcy. Labcorp will acquire all of the bankrupt firm's assets on a going concern basis for $239 million in cash consideration and other non-cash consideration, the companies said in separate statements. In February, Invitae filed for voluntary Chapter 11 protection in a U.S. bankruptcy court and said that it intended to pursue a sale process.
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