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Stock impact report

Profit-taking pressures Marinus; shares down 27% in two days [Seeking Alpha]

Marinus Pharmaceuticals, Inc. (MRNS) 
Last marinus pharmaceuticals, inc. earnings: 11/6 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.marinuspharma.com/investor-relations
Company Research Source: Seeking Alpha
Profit-taking pressures Marinus; shares down 27% in two daysInvestors in Marinus Pharmaceuticals (MRNS-18.6%) appear to be taking money off the table. Shares, down on more than double normal volume, have corrected 27% since Thursday. The action is predictable considering the stock's more than six-fold runup since mid-July.One event boosting demand was positive mid-stage results on lead candidate ganaxolone in a rare neurological disorder called CDKL5.Another Phase 2 study in women with severe postpartum depression is in process with topline data expected this quarter.Previously:Marinus Pharma's ganaxolone shows treatment effect in mid-stage study in rare seizure disorder; shares ahead 28% premarket (Sept. 11)Previously:Marinus launches mid-stage study of ganaxolone IV in women with PPD (June 27)Now read:Biotech Forum Daily Digest: Spotlighting Sophiris Bio » Show less Read more
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