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0 0.00105374077976824 0.00105374077976824 0.00202642457647722 0.0091594390856773 -0.00705195752614082 0.00510658993272268 0.00510658993272268
Stock impact report

Here's Why Axovant Sciences Lost as Much as 29.2% Today [The Motley Fool]

Axon Enterprise, Inc. (AXON) 
Last axon enterprise, inc. earnings: 2/7 04:15 pm Check Earnings Report
Company Research Source: The Motley Fool
The biopharma's wild year continues with another clinical failure, but it won't have much impact on the company's future. Maxx Chatsko ( TMFBlacknGold ) Dec 10, 2018 at 1:35PM What happened Shares of Axovant Sciences ( NASDAQ:AXON ) dropped over 29% today after the company announced that nelotanserin failed a phase 2 clinical trial investigating its potential to treat REM sleep disorder in patients with a certain type of dementia. It was the company's lone small-molecule drug candidate remaining after it went all-in developing gene therapies for psychological ailments in summer 2018.  In that context, today's news isn't as much of a setback as the stock's plunge seems to indicate. The biopharma's future will be determined by the success or failure of its entirely new pipeline of early-stage assets, although with the most mature program in phase 1 Show less Read more
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