Cullinan Therapeutics: Fundraising Capability, Emergence In Autoimmune Disease [Seeking Alpha]
Cullinan Therapeutics, Inc. (CGEM)
NASDAQ:AMEX Investor Relations:
investorshub.advfn.com/consolidated-gems-inc-cgem-26232
Company Research
Source: Seeking Alpha
Investing Group Leader Follow Summary Cullinan Therapeutics, Inc. has an impressive ability to generate cash, with a current cash balance of $664mn and a market cap of $1.08bn. The company's lead asset, Zipalertinib, partnered with Taiho Pharmaceuticals, has shown promising but not outstanding data in the EGFRex20ins NSCLC space. A significant deal with Taiho in 2022 and a $280mn private placement in 2024 have bolstered Cullinan's financial position. Despite promising assets, I recommend observing Cullinan for 2-3 more months due to early-stage risks and the need for further differentiation. Pgiam/iStock via Getty Images I covered Cullinan Therapeutics, Inc. NASDAQ: CGEM ) twice in the last year, and both times I wondered why the stock was trading below cash. It had a decent enough market cap for a small biotech; it just had way more cash. I am just checking it again now, and I am once again surprised to see that this small company has this uncanny ability to genera
Show less
Read more
Impact Snapshot
Event Time:
CGEM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CGEM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CGEM alerts
High impacting Cullinan Therapeutics, Inc. news events
Weekly update
A roundup of the hottest topics
CGEM
News
- Cullinan Therapeutics Announces Preclinical Data for CLN-978, a CD19-directed T Cell Engager, to be Presented at ACR Convergence 2024GlobeNewswire
- Cullinan Therapeutics Provides Corporate Update and Reports Third Quarter 2024 Financial ResultsGlobeNewswire
- Cullinan Therapeutics to Participate in Fireside Chat at Stifel 2024 Healthcare ConferenceGlobeNewswire
- Cullinan Therapeutics to Present Preclinical Data for CLN-978, a CD19-directed T Cell Engager, at ACR Convergence 2024GlobeNewswire
- Cullinan Therapeutics, Inc. (NASDAQ: CGEM) is now covered by analysts at UBS Group AG. They set a "buy" rating and a $30.00 price target on the stock.MarketBeat
CGEM
Earnings
- 8/8/24 - Miss
CGEM
Sec Filings
- 11/14/24 - Form SC
- 11/14/24 - Form SC
- 11/12/24 - Form SC
- CGEM's page on the SEC website