Cyclerion Therapeutics: This Spinoff Has Multiple Readouts Coming Up, Concerns Remain [Seeking Alpha]
Cyclerion Therapeutics, Inc. (CYCN)
Company Research
Source: Seeking Alpha
Cyclerion Therapeutics: This Spinoff Has Multiple Readouts Coming Up, Concerns Remain Summary Cyclerion Therapeutics is a recent spin off from Ironwood Pharmaceuticals. Recent insider buys and key leadership appointment are possible green flags. Multiple readouts for mid- and early-stage studies are expected later this year. Pipeline overview call on the 13th should help it gain some visibility as well. Large market opportunities are being targeted (SCD, DN, HFpEF, etc.), and data from early studies has for the most part been positive. Given current concerns (competition, more clarity on safety/tolerability profile) and need for more derisking data sets, I cannot recommend a pilot position at this time. Cyclerion Therapeutics ( CYCN IRWD acquired over 270,000 shares As part of this separation, Ironwood shareholders received one share I'm well aware of spinoffs being a great place to hunt for high % gainers, not only in biotech but also in technology and other sectors as well. Let's ta
Show less
Read more
Impact Snapshot
Event Time:
CYCN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CYCN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CYCN alerts
High impacting Cyclerion Therapeutics, Inc. news events
Weekly update
A roundup of the hottest topics
CYCN
Sec Filings
- 4/29/24 - Form DEFA14A
- 4/29/24 - Form DEF
- 4/18/24 - Form 8-K
- CYCN's page on the SEC website