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Biogen (BIIB) Stock Surges to 52-Week Peak After BlackRock's $3.4B Investment

Summary by Blockonomi
Key Highlights Biogen shares reached a 52-week peak at $219.94, climbing 57% year-over-year Second-quarter revenue totaled $2.74 billion, surpassing Wall Street’s $2.46 billion projection Earnings per share of $3.60 exceeded analyst consensus of $2.94 Company upgraded 2026 revenue forecast to mid-single-digit growth from previous decline BlackRock acquired 15.98 million shares worth approximately $3.45 billion Shares of Biogen (BIIB) surged to …
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Blockonomi broke the news on Wednesday, August 19, 2026.
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