Monopar Therapeutics Skyrockets 400% on Licensing Deal

Monopar Therapeutics NASDAQ: MNPR saw its stock skyrocket over 400% on Thursday after announcing a licensing deal with AstraZeneca. By 2 PM, the stock had traded over 10 million shares, far above its usual daily volume of 800,000. This sudden surge in price and volume has caught the attention of many, driven by the news that Monopar will take over the global development and commercialization of a once-terminated Phase 3 drug candidate from AstraZeneca's Alexion unit. With such extreme price action, many mig ...