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How Has The Mereo BioPharma (MREO) Stock Appreciated 6% In Extended Trading?

Mereo BioPharma Group plc (MREO) shares rose 6.25% to $1.02 in after-hours trading following its refusal to implement reform proposals. MREO stock closed the regular session at $0.96, increasing 7.85% or $0.07. What makes MREO reluctant to accept the proposals? The Board of Mereo BioPharma (MREO) has received from Rubric Capital Management LP (“Rubric”) a […]