Arvinas (NASDAQ:ARVN) Sets New 12-Month High on Insider Buying Activity

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Arvinas (NASDAQ:ARVN) reached a new 52-week high after Director Briggs Morrison purchased 20,000 shares for $268,000, increasing his stake by 26.31%. This insider buying activity occurred despite the company missing quarterly earnings and revenue estimates and receiving mixed analyst ratings. Arvinas focuses on biopharmaceutical therapies through its proprietary PROTAC® platform.

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