Eikon Therapeutics Debuts on Nasdaq with Over 5% Opening Decline

Stock News
Feb 06

On Thursday, Eikon Therapeutics (EIKN.US) began trading on the Nasdaq exchange, opening more than 5% lower at $17.05 per share, below its IPO price of $18. The company was founded in 2019 by Nobel laureates in chemistry Eric Betzig, Xavier Darzacq, Luke Lavis, and Robert Tjian and is currently developing multiple experimental cancer therapies. Its most advanced drug candidate, EIK1001, is undergoing mid-to-late stage clinical trials for skin cancer in combination with Merck's (MRK.US) Keytruda. Interim analysis data from the study is expected to be released in the second half of 2026.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10