Revolution Medicines Joins Amgen and Mirati in Quest for New Type of Cancer Drugs [Yahoo! Finance News]
Revolution Medicines, Inc. (RVMD)
Company Research
Source: Yahoo! Finance News
The share price of a clinical-stage oncology company that went public just last week has climbed more than 70% on hopes that it can develop drugs to transform the way cancer is treated. Redwood City, California-based Revolution Medicines Inc. NASDAQ:RVMD) sold 14 million shares at $17 each on Feb. 13, 2020, raising a total of $238 million more than twice its original goal). At close on Feb. 18, shares were trading at just over $29. The six-year-old company will use the funds to push along drug candidates that block certain proteins that cause cancer to grow and thrive. The pharmaceutical industry has long known that a family of genes turns regular cells cancerous after mutating. The hard part was finding medications that quashed the effects of those genes. New research indicates that several pharma companies are on the brink of finding effective treatments. Last year, Amgen Inc. NASDAQ:AMGN) heightened hopes in the medical community when it released test results that showed one of it
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RVMD
News
- Decoding Revolution Medicines Inc (RVMD): A Strategic SWOT Insight [Yahoo! Finance]Yahoo! Finance
- Revolution Medicines, Inc. (NASDAQ: RVMD) had its price target raised by analysts at HC Wainwright from $62.00 to $64.00. They now have a "buy" rating on the stock.MarketBeat
- Revolution Medicines, Inc. (NASDAQ: RVMD) had its price target raised by analysts at Needham & Company LLC from $61.00 to $68.00. They now have a "buy" rating on the stock.MarketBeat
- Revolution Medicines, Inc. (NASDAQ: RVMD) had its price target raised by analysts at JPMorgan Chase & Co. from $54.00 to $63.00. They now have an "overweight" rating on the stock.MarketBeat
- Revolution Medicines, Inc. (NASDAQ: RVMD) had its price target raised by analysts at Piper Sandler from $57.00 to $70.00. They now have an "overweight" rating on the stock.MarketBeat
RVMD
Earnings
- 11/6/24 - Miss
RVMD
Sec Filings
- 11/19/24 - Form 4
- 11/15/24 - Form 144
- 11/15/24 - Form 4
- RVMD's page on the SEC website