Equillium shares are trading lower after the company announced topline data from its Phase 2 study of EQ101 in alopecia areata. The stock initially traded higher but it has since reversed.
Portfolio Pulse from Benzinga Newsdesk
Equillium shares are trading lower after the company announced topline data from its Phase 2 study of EQ101 in alopecia areata. The stock initially traded higher but has since reversed.
June 04, 2024 | 4:31 pm
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Equillium shares are trading lower following the announcement of topline data from its Phase 2 study of EQ101 in alopecia areata. The stock initially saw gains but has since reversed.
The announcement of topline data from the Phase 2 study of EQ101 initially caused Equillium's stock to rise, indicating positive investor sentiment. However, the subsequent reversal suggests that the data may not have met investor expectations, leading to a decline in share price.
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