Galectin Therapeutics (GALT) Adds to Recent Speculative Gains

September 22, 2016 8:19 AM EDT

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Galectin Therapeutics (NASDAQ: GALT) adds to recent gains amid NASH stock takeover speculation following Allergen's (NYSE: AGN) recent takeover of Tobira (NASDAQ: TBRA) at a huge premium and ahead of top line results from a Phase 2 clinical trial due by the end of the month.

Shares of GALT are up 10% in pre-open trade after rising 35% yesterday.

A HC Wainwright analyst told StreetInsider on Tuesday that he sees GALT as having the best read through from TBRA.

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