Bonus BioGroup Surges to One-Year High After Raising $1 Million

Bonus BioGroup Ltd. (BONS), an Israeli biotechnology company, rallied to the highest level in almost one year after the company raised funds.

The shares surged 18 percent to 1.18 shekels, the highest since July 17 last year, at 12:04 p.m. in Tel Aviv. The stock has more than doubled since June 27 when Bonus said it raised 4 million shekels ($1 million) from private investors.

To contact the reporter for this story: Robert Lakin at rlakin1@bloomberg.net

To contact the editor responsible for this story: Claudia Maedler at cmaedler@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.