Apogee Therapeutics, Inc. (APGE) saw its shares surge 46.7% after AbbVie Inc. (ABBV) announced plans to acquire the biotech firm for $10.9 billion. Following the announcement, ABBV’s shares increased by 6.3%. In other market movements, Digital Realty Trust, Inc. (DLR) shares rose 3.9%, benefiting from a booming real estate sector, while Meta Platforms, Inc. (META) experienced a 2.3% drop amid an AI-related selloff. Additionally, Sandisk Corporation (SNDK) shares climbed 4.1% due to strength in AI-focused memory and storage stocks.
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