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flag Apellis Pharmaceuticals' stock surged after strong sales and a big bank's investment boost.

flag Apellis Pharmaceuticals' shares rose 6.6% to $22.36 on Tuesday, reaching a market cap of $2.89 billion. flag The company's main products treat autoimmune and inflammatory diseases. flag National Bank of Canada FI significantly increased its stake in Apellis, buying 1,385,080 shares in the fourth quarter, valuing their holdings at $44.21 million. flag Apellis reported $212.50 million in revenue, beating expectations.

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