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Turnstone Biologics Corp.

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Biotechnology

Turnstone Biologics Corp., a clinical stage biotechnology company, focuses on developing medicines to treat and cure patients with solid tumors. The company's lead product includes TIDAL-01 that is in Phase 1 clinical trials for the treatment of breast cancer, colorectal cancer, and uveal melanoma, as well as an investigator sponsored trial to treat cutaneous and non-cutaneous melanomas. It is also developing TIDAL-02, which is in preclinical development for the treatment of solid tumors. The company was founded in 2014 and is based in LA Jolla, California.

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B of A Securities has maintained a Buy rating on Turnstone Biologics (NASDAQ:TSBX) but has lowered the price target from $12 to $10.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 4:46 pm

Piper Sandler has maintained an Overweight rating on Turnstone Biologics but significantly lowered the price target from $20 to $3.75.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 4:30 pm

U.S. stocks traded higher with the S&P 500 gaining 1.5%. Alibaba reported weak revenue, missing analyst estimates. Cingulate, AST SpaceMobile, and Gambling.com saw significant stock price increases, while Turnstone Biologics, SIGA Technologies, and Terran Orbital experienced sharp declines.

Portfolio Pulse from Avi Kapoor

August 15, 2024 | 6:23 pm

U.S. stocks traded higher with the Nasdaq Composite gaining over 2%. Walmart reported strong Q2 results and raised full-year guidance. Cingulate, AST SpaceMobile, and SciSparc saw significant stock price increases, while Turnstone Biologics, SIGA Technologies, and Terran Orbital experienced sharp declines.

Portfolio Pulse from Avi Kapoor

August 15, 2024 | 4:27 pm

Turnstone Biologics Corp. (NASDAQ:TSBX) released initial data from its Phase 1 STARLING trial of TIDAL-01 in metastatic microsatellite-stable colorectal cancer (MSS mCRC). The data showed a 25% overall response rate and a 50% disease control rate among four evaluable patients. The company is now focusing on high unmet medical need cancers, including colorectal cancer, head and neck cancer, and uveal melanoma. Despite the promising data, TSBX stock is down 57.53% to 93 cents.

Portfolio Pulse from Vandana Singh

August 15, 2024 | 3:57 pm

U.S. stocks surged with the Dow Jones gaining over 500 points, driven by a 1% rise in U.S. retail sales for July. Consumer discretionary shares led the gains, while utilities lagged. Notable stock movements included significant gains for Cingulate Inc., VS MEDIA Holdings Limited, and SciSparc Ltd., and sharp declines for Turnstone Biologics Corp., SIGA Technologies, Inc., and Terran Orbital Corporation.

Portfolio Pulse from Avi Kapoor

August 15, 2024 | 1:46 pm

Turnstone Biologics shares are trading lower after the company reported worse-than-expected Q2 EPS results.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 11:22 am

Lumentum Holdings Inc. (NASDAQ:LITE) shares surged 16.4% after reporting better-than-expected Q4 earnings and strong Q1 revenue guidance. Other notable pre-market movers include SciSparc Ltd. (NASDAQ:SPRC) up 90.1% after court approval for a merger, and Turnstone Biologics Corp. (NASDAQ:TSBX) down 40.5% after poor Q2 EPS results.

Portfolio Pulse from Avi Kapoor

August 15, 2024 | 10:32 am

Turnstone Biologics shares are trading lower after the company reported worse-than-expected Q2 EPS results.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 8:25 pm

Turnstone Biologics (NASDAQ:TSBX) reported a Q2 EPS of $(0.92), missing the analyst consensus estimate of $(0.84) by 9.52%. This represents an 87.83% improvement over the $(7.56) per share loss from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 8:13 pm

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