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Hawk’s Nest

Unusual Bull Trade in Hot Growth Name in Medical Research Tools

by | Oct 19, 2022

Cytek Bio (CTKB) nice chart set-up and unusual 1500 January $15 calls trading 1.80 to 2.15, a $2B maker of call analysis solutions in biomedical research with revenues seen growing 25-30% annually. CTKB weekly bull flag held an Analyst Day in June and has a strong operating margin profile which could make it a nice takeout target for someone like Thermo (TMO).