Why Is Avrobio (AVRO) Stock Moving Today?
AVROAVROBIO(AVRO) Investor Place·2024-06-20 20:26

Avrobio (NASDAQ:AVRO) stock is on the move Thursday as the company is preparing for two major events taking place today.The first thing to note is that Avrobio is getting ready to undergo a merger with Tectonic Therapeutic. That merger is set to take place later today after investors approved it at an earlier shareholder meeting.Before that happens, traders will also see shares of AVRO stock undergo a reverse split. The company intends to enact a one-for-12 reverse stock split after markets close today. Thi ...