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Why Lantheus Holdings (LNTH) Stock Is Down 4%
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Why Lantheus Holdings (LNTH) Stock Is Down 4%
Jan 13, 2025 8:29 AM

Lantheus Holdings Inc ( LNTH ) shares are trading lower by 4.4% to $91.64 during Monday’s session after the company announced a $350 million acquisition.

What To Know: Lantheus Holdings ( LNTH ) announced the acquisition of Life Molecular Imaging Ltd. in a deal valued at up to $750 million, including $350 million upfront and up to $400 million in milestone payments.

The company says the acquisition expands Lantheus' ( LNTH ) presence in Alzheimer's disease (AD) diagnostics with Neuraceq, an F-18 radioactive diagnostic agent for PET imaging of β-amyloid plaque in cognitively impaired patients.

Lantheus ( LNTH ) says Life Molecular brings advanced R&D capabilities, international infrastructure and a strong commercial presence, enabling Lantheus ( LNTH ) to enhance its diagnostic and therapeutic offerings.

CEO Brian Markison highlighted the acquisition’s alignment with Lantheus' ( LNTH ) growth strategy, emphasizing its potential to improve patient outcomes and deliver shareholder value.

Read Also: Wall Street Slashes Interest Rate Cut Bets After Jobs Data: Are Hikes Back On The Table?

How To Buy LNTH Stock

Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, in Lantheus Holdings’ case, it is in the Health Care sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.

According to data from Benzinga Pro, LNTH has a 52-week high of $126.89 and a 52-week low of $50.20.

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