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Stock impact report

A Look At Olema Pharmaceuticals (OLMA) Valuation After Roche Breast Cancer Trial Setback And Share Price Pullback [Yahoo! Finance]

Olema Pharmaceuticals, Inc. (OLMA) 
Company Research Source: Yahoo! Finance
Olema Pharmaceuticals (OLMA) is back in focus after Roche's Phase 3 breast cancer trial for giredestrant missed its primary endpoint, a setback that coincided with a sharp 41% drop in Olema's share price. See our latest analysis for Olema Pharmaceuticals. That reaction has not been limited to a single session either. The 7 day share price return is negative 33.91% and the 30 day share price return is negative 36.20% at a last close of US$14.91. At the same time, the 1 year total shareholder return of about 2.4x and the 3 year total shareholder return of just under 3x show how sharp this pullback is compared with a longer period in which investors who stayed in the stock have still seen very large gains overall. If this kind of volatility has you looking beyond a single name, it could be a good moment to scan a broader set of breast cancer and oncology names through our focused list of 34 healthcare AI stocks as potential research ideas. So with Olema now at US$14.91, after a Show less Read more
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