Axovant shares slide 24% premarket after sleep-disorder trial misses main goal [MarketWatch]
Axon Enterprise, Inc. (AXON)
Last axon enterprise, inc. earnings: 2/7 04:15 pm
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US:NYSE Investor Relations:
investors.axovant.com/investors/sec-filings
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Source: MarketWatch
UPDATE: Axovant shares slide 30% premarket after trial of treatment for sleep disorder fails to meet main goal Axovant Sciences Ltd. shares AXON, -3.39% slid 30% in premarket trade Monday, after the company said a trial of a treatment for REM sleep behavior disorder in patients with Lewy body dementia failed to meet its main goal. the Basel, Switzerland-based biotech said the phase 2 trial involving 34 patients using nelotanserin failed to meet its primary endpoint and that it would discontinue clinical development of the therapy. Lewy body dementia is the second most common type of dementia after that associated with Alzheimer's disease. Axovant shares have fallen 67.6% in 2018, while the S&P 500 SPX, -2.33% has fallen 1.5%. Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.
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News
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- Axon Enterprise, Inc. (NASDAQ: AXON) had its price target raised by analysts at JPMorgan Chase & Co. from $330.00 to $365.00. They now have an "overweight" rating on the stock.MarketBeat
- Axon Enterprise (AXON) Banks on Solid Product Demand Amid Risks [Yahoo! Finance]Yahoo! Finance
AXON
Earnings
- 2/27/24 - Beat
AXON
Sec Filings
- 4/15/24 - Form DEFA14A
- 4/15/24 - Form DEFA14A
- 4/2/24 - Form 4
- AXON's page on the SEC website