Immunovant gains amid takeover speculation

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  • Immunovant (IMVT) rose 14% amid some takeover speculation.
  • There's speculation that Immunovant has attracted takeover interest, according to traders, who cited a Betaville "uncooked" alert that was circulating on Thursday. One of the companies interested in buying Immunovant is Roivant (ROIV), Immunovant's largest shareholder. 
  • Immunovant (IMVT) has a market cap of $3.8 billion.
  • Immunovant (IMVT) is set to report its Q3 results on Nov. 10. 

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