Here's Why Assembly Biosciences Stock Soared Today [The Motley Fool]
Assembly Biosciences, Inc. (ASMB)
Last assembly biosciences, inc. earnings: 3/4 04:05 pm
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US:NASDAQ Investor Relations:
investor.assemblybio.com/investor-relations
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Source: The Motley Fool
Here's Why Assembly Biosciences Stock Soared Today What happened Shares of Assembly Biosciences ( NASDAQ:ASMB The first update, from a phase a study evaluating the lead drug candidate ABI-H07, suggests that the pipeline asset is effective in reducing DNA and RNA signatures of the virus. The second update, from a phase b study of a next-generation drug candidate named ABI-H58, suggests that the asset can reduce the activity of the virus after just days. As of :5 p.m. EDT, the stock had settled to a 8.% gain. Image source: Getty Images. So what The two lead candidates of Assembly Biosciences belong to a class of drugs called core inhibitors. The compounds are intended to disrupt HBV replication and the pool of cccDNA -- a type of DNA required for certain viruses to replicate -- that is often permanently lodged in an individual's cells. The biopharma announced that individuals treated with ABI-H07 and nucleos(t)ide analogs (Nrtl) achieved a deeper decline in HBV DNA and RNA than those t
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ASMB
News
- Assembly Biosciences, Inc. (NASDAQ: ASMB) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Assembly Biosciences, Inc. (NASDAQ: ASMB) had its "neutral" rating re-affirmed by analysts at HC Wainwright.MarketBeat
- Assembly Biosciences, Inc. (NASDAQ: ASMB) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Assembly Biosciences Reports Fourth Quarter and Year End 2023 Financial Results and Recent HighlightsGlobeNewswire
- Assembly Biosciences Announces Effective Date of Reverse Stock Split [Yahoo! Finance]Yahoo! Finance
ASMB
Earnings
- 8/9/23 - Miss
ASMB
Analyst Actions
- 4/1/24 - HC Wainwright
ASMB
Sec Filings
- 5/1/24 - Form 4
- 5/1/24 - Form 4
- 5/1/24 - Form 4
- ASMB's page on the SEC website