PCRX +43.99% NVDA -0.98% VTRS -2.49% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Shares of Pacira BioSciences skyrocketed on Thursday, rising as much as 44.2%. As of 10:58 a.m. ET, the stock was still up 44.1%.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
The catalyst that sent the specialty healthcare provider higher was news of its acquisition.
In a press release that dropped Thursday morning, Pacira BioSciences -- which specializes in non-opioid pain management solutions -- announced it had agreed to be acquired by Viatris (NASDAQ:VTRS).
The global healthcare and pharmaceutical company will pay $36.50 per share for Pacira BioSciences, a deal that values the company at about $1.65 billion. That represents a roughly 45% premium compared to Wednesday's closing price. The deal has been unanimously approved by both boards of directors and is expected to close by the end of 2026, subject to customary closing conditions, including the expiration of the applicable regulatory waiting period.
Viatris CEO Scott Smith said the deal marked an important step in building the company's "innovative medicines business." He went on to say that Pacira's Exparel, used for acute postsurgical pain, and Zilretta, used to treat knee osteoarthritis pain, will make the company a leader in non-opioid pain-management therapies.
The buyout marks the end of a tumultuous story for Pacira BioSciences. Recent shuffling of the company's product portfolio, the potential loss of preferred reimbursement status for Medicare patients, and tepid growth have weighed on the stock, which had lost 15% over the past three years (prior to the buyout announcement).
This will be a mixed bag for shareholders. Those who purchased the stock over the past couple of years will likely walk away with a profit, while long-term shareholders may be left holding the bag.
Before you buy stock in Pacira BioSciences, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Pacira BioSciences wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $375,887!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,459,146!*
Now, it's worth noting Stock Advisor's total average return is 955% — a market-crushing outperformance compared to 215% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
*Stock Advisor returns as of October 8, 2026.
Danny Vena, CPA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Why Pacira BioSciences Skyrocketed Today was originally published by The Motley Fool
