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Stock impact report

Achieve Life Sciences' stock rockets on heavy volume after update results of smoking-cessation drug trial [MarketWatch]

Achieve Life Sciences, Inc. - Common Shares (ACHV) 
Last achieve life sciences, inc. - common shares earnings: 3/13 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.achievelifesciences.com
Company Research Source: MarketWatch
Achieve Life Sciences' stock rockets on heavy volume after update results of smoking-cessation drug trial Shares of Achieve Life Sciences Inc. ACHV, +83.72% rocketed 73% to pace all premarket gainers in active trade Friday, after the company reported upbeat results from a trial of its smoking-cessation drug. Trading volume reached 1.8 million shares ahead of the open, compared with the full-day average of about 151,000 shares. The company said it evaluated repeat doses of cytisinicline in 26 healthy volunteer smokers, who smoked an average 17.2 cigarettes a day. By the 26th day of treatment, there was an averag80% reduction in cigarettes smoked, 82% reduction in expired carbon monoxide and 46% had stopped smoking. Cytisinicline was well tolerated, with only "transient, mild-to-moderate headache" as the most common adverse event. "Given the short 25-day treatment period, the abstinence rates observed are impressive, particularly since subjects were not required to commit to quitting Show less Read more
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