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Stock impact report

Up More Than 500% in 2024. Can Instil Bio Keep Rocketing Higher? [Yahoo! Finance]

Instil Bio, Inc. (TIL) 
NASDAQ:AMEX Investor Relations: nasdaq.com/symbol/til
Company Research Source: Yahoo! Finance
If you're an investor looking for stocks that can make dramatic gains in a short amount of time, you may have noticed a small-cap biopharmaceutical company called Instil Bio (NASDAQ: TIL) has been rocketing higher. From Sept. 6 through Sept. 12, shares of the clinical-stage drugmaker shot about 235% higher. A big week raised its year-to-date gain to an eye-popping 510%, and investors are wondering if it can climb higher still. Here's a quick look at what's been pushing up shares of Instil Bio and some of its challenges. Plus, I'll also measure the good news against the bad to see if everyday investors can reasonably expect this stock to continue climbing. Why Instil Bio stock is soaring At the beginning of 2024, Instil Bio was still trying to develop cell-based cancer therapies that rely on tumor-infiltrating lymphocytes, or TILs. In August, the company switched gears and in-licensed IMM2510, a bispecific antibody that targets programmed death ligand 1 (PD-L1) and vascular en Show less Read more
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