Arvinas, Inc. (ARVN) Soars 10.0%: Is Further Upside Left in the Stock?

Arvinas, Inc. (ARVN) shares soared 10% in the last trading session to close at $45.65. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 0.7% gain over the past four weeks.The sudden surge in the stock price can be attributed to the positive mindset of the investors regarding Arinivas' pipeline progress. The company is currently evaluating its lead candidate, vepdegestrant (formerly ARV-471) in two late-stage studies — VERITAC-2 an ...