Alector/AbbVie-Partnered Alzheimer's Drug Disappoints In Mid-Stage Study; Alector Lays Off 17% Of Workforce Alector's AL002 fails in Phase 2 Alzheimer's trial, halting extension study; focus shifts to other programs as workforce is cut by 17%.
Earnings Scheduled For February 27, 2024 Companies Reporting Before The Bell • Gaotu Techedu (
NYSE:GOTU ) is expected to report quarterly loss at $0.07 per share on revenue of $100.49 million.
Why Alector (ALEC) Stock Is Diving Today Alector shares are trading lower by 14.9% during Wednesday's session. The company announced the pricing of a $75 million public offering.
Neurology-Focused Alector Downgraded On Failed Alzheimer's Study, BofA Securities Highlights Lack Of Catalysts Alector's AL002 misses primary endpoint in Alzheimer's trial. BofA downgrades stock, cuts price target, and highlights near-term challenges.
ALEC Stock Earnings: Alector Beats EPS, Beats Revenue for Q1 2024 ALEC stock results show that Alector beat analyst estimates for earnings per share and beat on revenue for the first quarter of 2024.
Race To Treat Alzheimer's Disease Is Heating Up Despite Eli Lilly's Setback The FDA has delayed making a decision on Eli Lilly's donanemab, pending an advisory committee meeting.
Today’s Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Wednesday We're starting Wednesday with a breakdown of the biggest pre-market stock movers traders will want to keep an eye on this morning!
Brain Disease Cures: 3 Neuroscience Stocks Targeting Revolutionary Breakthroughs These three companies are developing treatments for brain diseases that have a great deal of potential, making them top neuroscience stocks.
Why Airspan Networks Shares Are Trading Higher By Over 380%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session Shares of Airspan Networks Holdings Inc. (
NASDAQ: MIMO ) shares rose sharply during Wednesday’s session after the company announced a partnership with GCT Semiconductor to develop an RF module. Airspan Networks Holdings shares surged 381% to $0.3699 on Wednesday.
Constellation Energy, Battalion Oil And Other Big Stocks Moving Higher On Friday U.S. stocks traded mixed, with the Nasdaq Composite gaining around 60 points on Friday. Here are some other big stocks recording gains in today’s session.
Alector Upgraded, Analyst Sees High Reward Potential Ahead of Alzheimer's Disease Candidate's Phase 2 Results Stifel has upgraded Alector Inc (
NASDAQ: ALEC ), noting that while Alzheimer's is a very high risk, the probability of success for AL002 (TREM2 agonist) is above average, and the stock risk/reward is highly attractive ahead of phase 2 data in expected in Q4 2024.
