Ascendis shares volatile ahead of possible restructuring deal

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The group’s shares are on track for their worst day in two months after rocketing 42% ahead of a deadline for restructuring talks 🔒

Volatility has crept into the shares of health group Ascendis, which is scheduled to to make a restructuring announcement this week that could determine its fate.

The group’s shares rocketed 42% on Monday to 85c, their best day in just less than a year, while they had pared gains on Tuesday, falling 8.24% to 78c...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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