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Compass Therapeutics Plunges 63% Despite Positive Cancer Trial Data

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Shares of Compass Therapeutics, Inc. (CMPX) tumbled sharply despite encouraging clinical results.

The stock is currently trading at $1.87, down $3.15 or 62.67%, on the Nasdaq. It opened at $1.76 after closing the previous session at $5.02. The stock has traded between $1.61 and $6.88 over the past 52 weeks.

Compass reported that its drug candidate tovecimig met key endpoints in a Phase 2/3 study for biliary tract cancer, showing a statistically significant improvement in progression-free survival.

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