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KalVista Pharmaceuticals Inc. KALV, +1.38% shares surged 111% in premarket trade Tuesday on news that Merck has acquired a 9.9% ownership stake in the company for $9.1 million, at a price of $8.50 per share. Merck will also pay.

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KalVista Pharmaceuticals Inc. KALV, +1.38% shares surged 111% in premarket trade Tuesday on news that Merck has acquired a 9.9% ownership stake in the company for $9.1 million, at a price of $8.50 per share. Merck will also pay.

Investment Objective. The investment seeks to provide investment results that- before expenses- correspond generally to the price and yield performance of the S&P 500.

Coverage of premarket trading, including futures information for the S&P 500, Nasdaq Composite and Dow Jones Industrial Average.

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Investment Objective. The investment seeks to provide investment results that- before expenses- correspond generally to the price and yield performance of the S&P 500.

Coverage of premarket trading, including futures information for the S&P 500, Nasdaq Composite and Dow Jones Industrial Average.