Why Centessa Stock Soared Today
Source: Motley Fool
2026-03-31 21:56:49 ET
Shares of Centessa Pharmaceuticals (NASDAQ: CNTA) surged on Tuesday after the drugmaker struck a deal to be acquired by Eli Lilly (NYSE: LLY) for as much as $7.8 billion.
Image source: Getty Images.
Under the terms of the deal, Lilly would purchase Centessa for $38 per share in cash. That's a premium of nearly 38% to the healthcare stock's closing price on Monday.
Centessa Pharmaceuticals plc
NASDAQ: CNTA
CNTA Trading
-0.03% G/L:
$39.69 Last:
3,646,711 Volume:
$39.671 Open:
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CNTA Stock Data
$3,391,805,397
90,687,071
0.81%
35
N/A
Biotechnology & Life Sciences
Healthcare
GB
Altrincham
