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Should you buy Athenex (ATNX) stock?

Investors need to pay close attention to Athenex (ATNX) stock based on the movements in the options market lately. Image source: The Motley Fool.

Does Athenex trade on the NASDAQ?

Athenex trades on the NASDAQ under the ticker symbol "ATNX." How much money does Athenex make? Athenex (NASDAQ:ATNX) has a market capitalization of $0.00 and generates $102.82 million in revenue each year. The company earns $-103,430,000.00 in net income (profit) each year or ($15.88) on an earnings per share basis.

Is Athenex looking for a buyer?

Athenex had hired investment advisory firm Cowen Inc to run a formal process to find a buyer. "A formal process has started, and the first round of offers have come in," said one of the people. "Intas and Dr Reddy's are the two Indian firms in the race. A transaction could be concluded during the current quarter."

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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