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Stock impact report

Arcellx (ACLX) Valuation Check After Wells Fargo Launches Coverage on Its Multiple Myeloma CAR-T Program [Yahoo! Finance]

Arcellx, Inc. (ACLX) 
Company Research Source: Yahoo! Finance
See our latest analysis for Arcellx. That call from Wells Fargo lands after a choppy stretch, with a 1 month share price return of minus 27.36% and a year to date share price return of minus 16.81%. However, the 3 year total shareholder return is still up 121.17%, suggesting long term momentum remains intact despite recent volatility. If Arcellx's CAR T story has your attention, it is also worth seeing what else is happening across innovative healthcare stocks that could benefit from similar sentiment shifts. With Arcellx trading well below Wall Street targets despite fast growing revenue and a pivotal CAR T franchise taking shape, is this pullback mispricing its long term potential or accurately baking in execution and trial risk? Arcellx last closed at $65.51, and on a price to book basis the stock screens as expensive compared to both peers and the broader US biotech group. The price to book ratio compares a company's market value with the accounting value of its net ass Show less Read more
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