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Stock impact report

The Probable Reason Behind NovoCure's Double-Digit Drop Today [The Motley Fool]

NovoCure Limited - Ordinary Shares (NVCR) 
Last novocure limited - ordinary shares earnings: 4/30 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: novocure.com/investor-relations
Company Research Source: The Motley Fool
Shares retreat after the company releases details about an upcoming phase 3 trial. Should investors be worried, or is this just market noise? Brian Feroldi ( TMFTypeoh ) Jun 4, 2018 at 10:37AM What happened After the company announced details of its phase 3 INNOVATE-3 trial at the American Society of Clinical Oncology (ASCO) annual meeting, shares of  NovoCure ( NASDAQ:NVCR ) , a red-hot medical device company  focused on cancer , fell as much as 12% in early morning trading today. Shares were down about 10% as of 10:30 a.m. EDT. So what The INNOVATE-3 trial is a late-stage program designed to test NovoCure's Optune device in combination with paclitaxel (more commonly known as  Celgene 's drug Abraxane) as a treatment for recurrent, platinum-resistant ovarian cancer. Image source: Getty Images. Here are a few of the key details of the s Show less Read more
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