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Stock Weekly: Theratechnologies (TH:CAD3.07) rises for a fourth consecutive week, a four-week rise of 20.9%

Nov 27, 2020 - News Bites Canadian Markets
Board and Executive Moves-Mergers and Acquisitions-Event Announcements-Financial Results


Theratechnologies Inc. (TSX:TH), Canada's 11th largest Biotechnology company by market cap, has risen 4.0c (or 1.3%) on high volume to close at CAD3.07. The stock rose for a fourth consecutive week on Friday bringing its a four-week rise to 53.0c or 20.9%. Compared with the S&P/TSX 60 Index which rose 109.2 points (or 11.8%) in the four weeks, this represented a relative price increase of 9.1%.

The price ranged between a low of 3 on Thursday, Nov 19 and ...