Point Biopharma, ALX Oncology surge premarket; McCormick, Airbnb falls
) announced that it had agreed to buy the cancer biotech for around $1.4 billion to expand its oncology therapies into radioligand treatments, which deliver radiation to tumor cells at a closer range.) stock slid after the spice maker posted weaker-than-expected net sales for the recent quarter and a bigger-than-anticipated drop in product volume due in part to flagging demand in its Asia-Pacific operations.
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