Radius Health (NASDAQ:RDUS_OLD) Inc. (RDUS) stock soared to a 52-week high this week, reaching $29.64, capping an impressive year-to-date gain of 97.7%. According to InvestingPro analysis, the stock is currently trading above its Fair Value, suggesting investors should carefully evaluate entry points. The significant milestone reflects a period of bullish investor sentiment surrounding the company’s performance and future prospects. While the broader market has faced volatility, Radius Health has managed to carve out gains that have caught the attention of investors looking for growth opportunities. InvestingPro data reveals several challenges, including significant debt burden and weak profit margins, with detailed analysis available in the comprehensive Pro Research Report covering 1,400+ top stocks. In contrast, within the same period, Schnitzer Steel (NASDAQ:RDUS) has demonstrated a remarkable 1-year change, surging 67.73%, which underscores the dynamic nature of the market and the varying fortunes of different sectors. As Radius Health enjoys its current peak, with a strong 75% return over the past year, market watchers remain attentive to how the company will sustain its momentum in the face of ever-changing market conditions.
In other recent news, Radius Recycling, Inc. announced the early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act for its proposed merger with TAI Merger Corporation, a subsidiary of Toyota (NYSE:TM) Tsusho America, Inc. This regulatory clearance, effective May 12, 2025, is a significant step towards completing the merger, expected in the latter half of 2025. The merger, valued at approximately $1.34 billion, will result in Radius Recycling becoming a wholly-owned subsidiary of Toyota Tsusho America. Under the agreement, TAI will acquire all outstanding shares of Radius for $30.00 per share in cash, representing a substantial premium over its previous share price. The transaction is still subject to customary closing conditions, including shareholder approval and additional regulatory clearances. Radius Recycling will continue its operations from Portland, maintaining its current teams and facilities. The merger is anticipated to provide Radius with enhanced financial resources and diversify its business opportunities. The transaction is expected to close in the second half of 2025, pending all necessary approvals.
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