Why Amylyx Pharmaceuticals Stock Was So Healthy This Week [Yahoo! Finance]
Amylyx Pharmaceuticals, Inc. (AMLX)
Company Research
Source: Yahoo! Finance
The past few days have been very pleasant for biotech company Amylyx Pharmaceuticals (NASDAQ: AMLX) . As is often the case with companies in that sector, Amylyx's stock has recently seen a dramatic rise thanks to news from the laboratory. The company's stock was rising by a bit over 10% week to date as of Friday before market open, according to data compiled by S&P Global Market Intelligence Tackling a rare disorder Amylyx's encouraging news concerned its pipeline drug AMX0035, which targets the rare genetic disorder Wolfram Syndrome. The company reported that a phase 2 clinical trial conducted on 12 adults with the affliction met its primary efficacy endpoint. This was to demonstrate improvement in the function of the pancreas; Wolfram typically degrades this over time, in addition to affecting other organs in the body. The biotech added that longer-term data indicate "sustained improvement," while being administered the drug. Overall, the treatment was well tolerated by the p
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AMLX
News
- Amylyx Pharmaceuticals, Inc. (NASDAQ: AMLX) was upgraded by analysts at Bank of America Co. from a "neutral" rating to a "buy" rating. They now have a $10.00 price target on the stock, up previously from $4.20.MarketBeat
- Amylyx Pharmaceuticals, Inc. (NASDAQ: AMLX) was given a new $4.00 price target on by analysts at Leerink Partners. They now have a "market perform" rating on the stock.MarketBeat
- Amylyx Pharmaceuticals, Inc. (NASDAQ: AMLX) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $8.00 price target on the stock.MarketBeat
- Amylyx Pharmaceuticals reports results from pancreatic disease treatment trial [Seeking Alpha]Seeking Alpha
- Amylyx Pharmaceuticals Announces Positive Topline Results from Phase 2 HELIOS Clinical Trial Demonstrating Sustained Improvements with AMX0035 in People Living with Wolfram SyndromeBusiness Wire
AMLX
Earnings
- 8/8/24 - Miss
AMLX
Analyst Actions
- 10/18/24 - HC Wainwright
AMLX
Sec Filings
- 10/25/24 - Form SC
- 10/17/24 - Form 8-K
- 10/2/24 - Form 4
- AMLX's page on the SEC website