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Summit Therapeutics (SMMT) Has Tumbled To A New Low After Study Failed

Summit Therapeutics (SMMT) announced Wednesday morning that its Phase 2 study of ezutromid failed to meet its primary or secondary endpoints.

Summit Therapeutics gapped open sharply lower this morning and is now down 10.35 at $2.29 on strong volume. The stock has tumbled to a new low for the year.

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