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Dendreon (DNDN) Now a Double on the Year Amid M&A Speculation

February 6, 2012 10:32 AM EST
DNDN Hot Sheet
Overall Analyst Rating:
    NEUTRAL (= Flat)

Revenue Growth %: +191.8%
Dendreon (Nasdaq: DNDN) continues its impressive year-to-date rally with takeover speculation apparently the main driver.

Shares are up over 9 percent today to $15.46 and up 103 percent on the year.

Amgen (Nasdaq: AMGN) has been mentioned as a possible suitor and recently hired CEO John Johnson brings a "M&A History."


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