Small Cap U.S. Stocks with Positive and Negative Sentiment on 11 May 2023

On 11 May 2023, a number of small cap U.S. stocks appeared in news headlines, with some receiving positive sentiment and others receiving negative sentiment.

Positive sentiment

  • Atara Biotherapeutics (ATRA): Atara Biotherapeutics announced positive topline results from its Phase 2 trial of ATA188 in patients with relapsed or refractory multiple myeloma. This news was seen as positive for the company, as it could lead to ATA188 being approved for marketing.
  • Alnylam Pharmaceuticals (ALNY): Alnylam Pharmaceuticals announced positive topline results from its Phase 3 trial of vutrisiran in patients with hereditary transthyretin amyloidosis (ATTR). This news was also seen as positive for the company, as it could lead to vutrisiran being approved for marketing.
  • ICON plc (ICN): ICON plc announced that it has been awarded a new contract with the U.S. Food and Drug Administration (FDA) to provide clinical trial management services. This news was seen as positive for the company, as it could lead to increased revenue.

Negative sentiment

  • Clovis Oncology (CLVS): Clovis Oncology announced that the FDA has placed a clinical hold on its Phase 3 trial of ipilimumab in combination with nivolumab in patients with advanced melanoma. This news was seen as negative for the company, as it could delay or even prevent the drug from being approved for marketing.
  • Ginkgo Bioworks (DNA): Ginkgo Bioworks announced that it has terminated its collaboration with Bayer on the development of a new class of antibiotics. This news was seen as negative for the company, as it could impact its revenue and future growth prospects.
  • Teva Pharmaceutical Industries (TEVA): Teva Pharmaceutical Industries announced that it has reached a settlement agreement with the U.S. Department of Justice (DOJ) to resolve allegations of anticompetitive conduct in the generic drug market. This news was seen as negative for the company, as it could result in fines and other penalties.

It is important to note that these are just a few of the many small cap U.S. stocks that appeared in news headlines on 11 May 2023. The sentiment of the news articles may change over time, and the impact on the stock price may not be immediate. Investors should always do their own research before making any investment decisions.

Title: Small Cap U.S. Stocks with Positive and Negative Sentiment on 11 May 2023