NasdaqGS:RVMDBiotechs
Is Revolution Medicines (RVMD) Share Price Justified After Strong Multi Year Rally?
If you are wondering whether Revolution Medicines at around US$120 per share reflects its real worth, you are not alone. This article is designed to help you frame that question clearly.
The stock closed at US$120.28 recently, with returns of 1.4% over 7 days, 52.7% over 30 days, 52.2% year to date, 198.5% over 1 year and 337.1% over 3 years, which naturally raises questions about how expectations and risk are being priced in.
Recent news flow around Revolution Medicines has focused on its...