Allakos Stock Craters To Record Low On Lead Drug Setback: Retail Hopes Fade
The disappointing results prompted Allakos to terminate AK006-related programs across all functions and implement a 75% workforce reduction.
Why Shares of Allakos Are Up Wednesday
The stock is bouncing back from a recent 52-week low.
Why Allakos Stock Skyrocketed Nearly 9% Higher Today
The company is poised to report a critical set of clinical data in the coming months.
Why Allakos Stock Was Heating Up Today
A notable analyst upgrade had investors piling into this clinical-stage biotech stock today.
Why Allakos Stock Is on Fire Today
Investors appear to be getting into position ahead of a major upcoming catalyst.