Synlogic shares crater amid company shut down, failed drug study [Seeking Alpha]
Synlogic, Inc. (SYBX)
Last synlogic, inc. earnings: 3/12 04:19 pm
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US:NASDAQ Investor Relations:
investor.synlogictx.com/news-and-events/news-releases
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Source: Seeking Alpha
Synlogic shares recently sold for $1.77 at around 11:45 a.m. ET after hitting an earlier low of $1.60. After market close on Thursday, Synlogic said it was ceasing operations after determining that a Phase 3 study for its drug SYNB1934 in the treatment of phenylketonuria would likely not meet its primary endpoint. Synlogic plans to lay off 90% of its workforce as it reviews strategic options for the company, which could include a sale or dissolution. Synlogic CEO Aoife Brennan will also be leaving the company. Recommended For You Recommended For You About SYBX Stock Related Stocks Trending Analysis Trending News
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SYBX
News
- Synlogic, Inc. (NASDAQ: SYBX) was upgraded by analysts at HC Wainwright from a "sell" rating to a "neutral" rating.MarketBeat
- Synlogic Reports Fourth Quarter and Full Year 2023 Financial Results [Yahoo! Finance]Yahoo! Finance
- Synlogic Reports Fourth Quarter and Full Year 2023 Financial ResultsGlobeNewswire
- Synlogic Adopts Limited Duration Stockholders Rights Plan [Yahoo! Finance]Yahoo! Finance
- Synlogic Adopts Limited Duration Stockholders Rights PlanGlobeNewswire
SYBX
Earnings
- 11/9/23 - Miss
SYBX
Sec Filings
- 4/22/24 - Form 144
- 4/18/24 - Form SC
- 4/4/24 - Form 4
- SYBX's page on the SEC website