skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. ABCL: Abcellera is up 16% over 5 days. [AbCellera Biologics Inc.]
You can view 2 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Abcellera is up 16% over 5 days. Any news driving this ?
Asked by Valerie on July 14, 2023
5i Research Answer:

ABCL is still down 26% for the year. There has been no recent company news, but the sector has gotten a boost from NVDA's $50M investment in RXRX. Essentially, the biotech sector is catching a bit of the AI party right now. 

Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in NVDA.

Let us help YOU reach your financial goals today!

Start your FREE trial today and enjoy all the benefits of a 5i Membership including:

  • Access to a team of experts ready to answer your investments question 
  • Instant access to over 100,000 archived questions
  • A community of like-minded investors
  • Peace of mind knowing that 5i Research has only YOUR best interests in mind