ALX Oncology shares are trading lower. The company announced it will host an investor call and webcast to share topline data results from the Phase 2 ASPEN-06 clinical trial evaluating evorpacept for the treatment of advanced HER2-positive gastric cancer.
Portfolio Pulse from Benzinga Newsdesk
ALX Oncology shares are trading lower following the announcement of an upcoming investor call and webcast to share topline data results from the Phase 2 ASPEN-06 clinical trial evaluating evorpacept for advanced HER2-positive gastric cancer.
July 31, 2024 | 7:44 pm
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ALX Oncology shares are trading lower after the company announced an investor call to discuss topline data from the Phase 2 ASPEN-06 clinical trial for evorpacept in advanced HER2-positive gastric cancer.
The announcement of an investor call to discuss clinical trial results often leads to uncertainty and speculation among investors, causing short-term price declines. The market may be reacting to concerns about the trial outcomes or the potential impact on the company's future prospects.
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