Stock Market Today: PROK Soars 515% on Surging Volume Amid Clinical Trial Buzz
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ProKidney (NASDAQ: PROK) shares closed at $3.73, rising 515% today while the S&P 500 fell 0.1% and the Dow Jones Industrial Average dropped 0.4%.The chronic kidney disease-focused biotech experienced significant volatility, trading between $0.46 and $4.86 before settling near its upper range. The gain follows ProKidney's announcement of statistically and clinically meaningful topline results from its Phase 2 REGEN-007 clinical trial evaluating is autologous cell therapy treatment, called rilparencel, in patients with chronic kidney disease and diabetes.Competitors showed similar momentum, with FibroGen gaining 4.7% and Vertex Pharmaceuticals rising 1.5% to $466.36. FibroGen's similar trajectory suggests sector-wide enthusiasm for kidney innovations, while Vertex's steadier movement reflects its market maturity.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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Quelle: MotleyFool
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