RNA
Avidity Biosciences, Inc. · Healthcare · Biotechnology
At close
$13.49
−$1.26 (−8.52%) Close
Pre-market $14.07 +$0.58 (+4.28%) 12:29 AM ET
Prev close $14.75
Open $13.83
Day high $13.83
Day low $12.70
Volume 11,645
Avg vol 2,978,163
Sector
Healthcare
AI report sections
RNA
Avidity Biosciences, Inc.
The stock trades near its 52-week high after very strong 6- and 12-month price performance, supported by bullish momentum indicators and multiple breakout signals. At the same time, the business profile shows large recurring losses, deeply negative free cash flow, and very high revenue and valuation multiples relative to current sales. Short interest is moderate and recent news is dominated by merger-related legal investigations, which may add headline and deal-related uncertainty.
AI summarized at 2:11 PM ET, 2026-02-03
AI summary scores
INTRADAY: 63 SWING: 71 LONG: 38
Volume vs average
Intraday (cumulative)
+67% (Above avg)
Vol/Avg: 1.67×
RSI
54.86 (Neutral)
Neutral (40–60)
MACD momentum
Intraday
+0.06 (Strong)
MACD: 0.00 Signal: -0.06
Short-Term
-0.03 (Weak)
MACD: 0.10 Signal: 0.13
Long-Term
-0.02 (Weak)
MACD: 0.26 Signal: 0.28
Intraday trend score 41.83

Latest news

RNA 12 articles Positive: 5 Neutral: 3 Negative: 2
Negative GlobeNewswire Inc. • Halper Sadeh Llc
Halper Sadeh LLC Encourages TWO, RNA, CVBF, TBN Shareholders to Contact the Firm to Discuss Their Rights

Investor rights law firm Halper Sadeh LLC is investigating four companies for potential securities law violations and breaches of fiduciary duties related to their proposed mergers and acquisitions. The firm is seeking increased consideration for shareholders and additional disclosures regarding the transactions.

TWO TWOD TWOPA TWOPB securities law violations fiduciary duties mergers and acquisitions shareholder rights
Sentiment note

Under investigation for potential securities violations related to its $72.00 per share cash sale to Novartis, indicating potential shareholder concerns about transaction fairness.

Negative Benzinga • Prnewswire
$HAREHOLDER ALERT: The M&A Class Action Firm Continues to Investigate the Merger--TBHC, RNA, NEW, and TWO

Monteverde & Associates PC, a class action securities firm, is investigating four proposed mergers: The Brand House Collective's sale to Bed Bath & Beyond, Avidity Biosciences' acquisition by Novartis for $72 per share, NorthWestern Energy Group's sale to Black Hills Corp, and Two Harbors Investment Corp's merger with UWM Holdings Corporation. The firm is seeking shareholders with concerns about these transactions ahead of upcoming shareholder votes.

TBHC RNA NWE TWO M&A investigation class action lawsuit shareholder vote merger
Sentiment note

Subject to class action investigation regarding acquisition by Novartis; legal scrutiny suggests potential shareholder concerns about deal fairness or process

Neutral GlobeNewswire Inc. • Halper Sadeh Llc
Halper Sadeh LLC Encourages WTRG, RNA, TCBX Shareholders to Contact the Firm to Discuss Their Rights

Law firm Halper Sadeh LLC is investigating potential securities law violations and fiduciary duty breaches for several companies involving mergers and acquisitions.

WTRG RNA TCBX securities law merger acquisition shareholder rights
Sentiment note

Proposed sale to Novartis at $72.00 per share, under investigation for potential legal concerns

Neutral Benzinga • Vandana Singh
Novartis Projects Faster Growth Through 2030 After Raising Drug Forecasts

Novartis anticipates 5-6% annual sales growth from 2025-2030, raised peak sales projections for key drugs like Kisqali and Scemblix, and expects to maintain operating margins above 40% while planning significant U.S. infrastructure expansion.

NVS RNA pharmaceutical drug development sales growth pipeline strategy margin expansion
Sentiment note

Mentioned as a planned acquisition target with expected closure in first half of 2026

Positive Benzinga • Vandana Singh
Novartis Maintains Outlook Even As Generics Bite Into Profits

Novartis reported Q3 2025 results with net sales rising 8% to $13.91 billion, driven by strong performance in key growth drugs like Kisqali and Kesimpta. The company reaffirmed its full-year guidance despite generic competition and announced a $12 billion acquisition of Avidity Biosciences.

NVS RNA pharmaceutical earnings generics acquisition guidance
Sentiment note

Acquired by Novartis for $12 billion, indicating strategic value in neuroscience and rare disease pipeline

Positive The Motley Fool • Eric Volkman
Why Dyne Therapeutics Stock Crushed the Market on Monday

Dyne Therapeutics stock surged over 41% after Novartis announced a $12 billion acquisition of Avidity Biosciences, a peer biotech company developing similar muscle disorder therapies using antibody-based treatments.

DYN RNA NVS biotech acquisition muscle disorders antibody therapy
Sentiment note

Acquired by Novartis for $12 billion at a 42% premium

Positive Benzinga • Lekha Gupta
Avidity Shareholders Win Big As Novartis Moves Fast On $12 Billion Deal

Novartis will acquire Avidity Biosciences for $12 billion, focusing on its neuroscience pipeline and RNA-targeting platform, with shareholders receiving $72 per share and early-stage cardiology programs being spun off into a separate public company.

RNA NVS BMY CELGR acquisition neuroscience muscular dystrophy merger
Sentiment note

Shareholders receive 46% premium on share price, company's pipeline and technology valued at $12 billion

Positive Benzinga • Rishabh Mishra
Stock Market Today: Dow Jones, S&P 500 Futures Climb Ahead Of Busy Week On Wall Street—Novartis, Nucor, Waste Management In Focus

U.S. stock futures rose ahead of a busy week with earnings reports from major tech companies and the Federal Reserve's interest rate decision. Key events include earnings from Microsoft, Alphabet, Meta, Apple, and Amazon, with potential market-moving implications.

RNA NVS NUE WM stock market earnings Federal Reserve tech earnings
Sentiment note

Surged 42.56% after Novartis announced a $12 billion acquisition

Neutral GlobeNewswire Inc. • Halper Sadeh Llc
RNA STOCK ALERT: HALPER SADEH LLC IS INVESTIGATING WHETHER THE SALE OF AVIDITY BIOSCIENCES, INC. IS FAIR TO SHAREHOLDERS

Law firm investigating the sale of Avidity Biosciences to Novartis at $72.00 per share, questioning whether the transaction fairly represents shareholder interests.

RNA NVS merger acquisition shareholder rights securities investigation
Sentiment note

Potential legal investigation suggests uncertainty about the fairness of the merger terms, neither definitively positive nor negative

Positive GlobeNewswire Inc. • Novartis Media Relations
Novartis agrees to acquire Avidity Biosciences, an innovator in RNA therapeutics, strengthening its late-stage neuroscience pipeline

Novartis announced plans to acquire Avidity Biosciences for $12 billion, strengthening its neuroscience pipeline with innovative RNA therapeutics targeting genetic neuromuscular diseases.

NVS RNA RNA therapeutics neuromuscular diseases acquisition AOCs genetic disorders
Sentiment note

Receiving $72 per share premium (46% over closing price), with potential for continued development of early-stage cardiology programs via SpinCo

Unknown Benzinga • Piero Cingari
Top Performing Industry ETFs In June: Software Leads Returns, Chipmakers Attract Most Inflows

June closed on a high note for the stock market, with the S&P 500, tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY), gaining 3.2%, despite significant disparities in sector and industry performances. The technology sector, as tracked by the Technology Select Sector SPDR Fund (NYSE:XLK), led the 11 S&P 500 sectors in performance last month, surging 7.7% and achieving its strongest monthly gain this year. In stark contrast, utilities lagged, with the Utilities Select Sector SPDR Fund (NYSE:XLU) dropping 6.3%, marking the worst month since September 2023. Top Performing Industry ETFs In June The iShares Expanded Tech-Software Sector ETF (NYSE:IGV) rallied 11.3% last month, topping the rankings among industry ETFs. Hot on its heels was the VanEck Semiconductor ETF (NYSE:SMH), which climbed 8.4%, showcasing strong momentum in the semiconductor sector. Since hitting its low ...Full story available on Benzinga.com

AVGO SOXX OLED IGV Sector ETFs Biotech Equities Large Cap
Unknown Zacks Investment Research • Zacks Equity Research
Avidity (RNA) Up 33% on Rare Muscle Disease Study Results

Initial data from an early-stage study shows that treatment with Avidity's (RNA) experimental therapy could address the underlying cause of a rare muscle-weakening condition.

RNA HRTX MRNS ARQT
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