Idorsia Shares Surge on Heavy Trading Volume

Idorsia Ltd. witnessed an extraordinary trading session yesterday as its stock price skyrocketed without prior indication. The Swiss biotechnology company’s shares catapulted an impressive 12.5 percent higher, closing at CHF 4.29 and securing the top position on the SPI gainers list.

Trading activity reached remarkable levels with more than two million shares changing hands, reflecting substantial investor enthusiasm. During the session, the stock came within striking distance of its annual peak of CHF 4.35, demonstrating strong upward momentum.

The recent price surge brings Idorsia within close range of its 52-week high of CHF 4.35, established in mid-September. This performance marks a dramatic contrast to the stock’s November 2024 low of CHF 0.61, highlighting a significant recovery trend over the past year.

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