Cartesian Therapeutics, Inc. (RNAC) Moves 26.9% Higher: Will This Strength Last? [Yahoo! Finance]
Cartesian Therapeutics, Inc. (RNAC)
Company Research
Source: Yahoo! Finance
The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 33.7% gain over the past four weeks. The recent surge in the stock price is driven by positive investor expectations regarding the company's pipeline of novel mRNA cell therapy for autoimmune diseases. Cartesian is currently assessing its lead candidate, Descartes-08, in two separate phase II studies for the treatment of Myasthenia Gravis and systemic lupus erythematosus. RNAC's clinical-stage pipeline comprises another candidate, Descartes-15, which is being evaluated in an early-stage study for multiple myeloma. This company is expected to post quarterly loss of $0.78 per share in its upcoming report, which represents a year-over-year change of +67.5%. Revenues are expected to be $6 million, down 8.4% from the year-ago quarter. Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical resea
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RNAC
News
- Cartesian Therapeutics Announces New Employment Inducement GrantsGlobeNewswire
- Gout (Chronic Refractory) Market Assessment 2024 Featuring 15 Companies and 20 Key Drugs - Epidemiology, Treatment Landscape, Unmet Needs, Emerging Therapies, and Value & Access [Yahoo! Finance]Yahoo! Finance
- Cartesian Therapeutics, Inc. (NASDAQ: RNAC) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $45.00 price target on the stock.MarketBeat
- Cartesian Therapeutics Receives FDA Rare Pediatric Disease Designation for Descartes-08 for the Treatment of Juvenile DermatomyositisGlobeNewswire
- Cartesian Therapeutics Announces New Employment Inducement Grant [Yahoo! Finance]Yahoo! Finance
RNAC
Earnings
- 5/8/24 - Miss
RNAC
Sec Filings
- 10/4/24 - Form SC
- 10/4/24 - Form 4
- 10/2/24 - Form EFFECT
- RNAC's page on the SEC website