Could Neon Therapeutics, Inc. (NTGN) Lose Strenght? The Stock Increases A Lot Today

The stock of Neon Therapeutics, Inc. (NASDAQ:NTGN) is a huge mover today! The stock increased 6.84% or $0.18 during the last trading session, reaching $2.81. About 200,410 shares traded or 7.52% up from the average. Neon Therapeutics, Inc. (NASDAQ:NTGN) has declined 74.73% since August 15, 2018 and is downtrending. It has underperformed by 74.73% the S&P500.
The move comes after 9 months positive chart setup for the $79.75 million company. It was reported on Aug, 15 by Barchart.com. We have $2.92 PT which if reached, will make NASDAQ:NTGN worth $3.19M more.

More notable recent Neon Therapeutics, Inc. (NASDAQ:NTGN) news were published by: Seekingalpha.com which released: “Canaccord likes CRISPR Therapeutics in today’s analyst action – Seeking Alpha” on July 26, 2019, also Globenewswire.com with their article: “Neon Therapeutics to Present at the American Association for Cancer Research Annual Meeting – GlobeNewswire” published on February 27, 2019, Benzinga.com published: “The Daily Biotech Pulse: Jounce Jumps On Licensing Deal, Regulus Hit With Partial Clinical Hold, Genomic Health Added to S&P SmallCap Index – Benzinga” on July 24, 2019. More interesting news about Neon Therapeutics, Inc. (NASDAQ:NTGN) were released by: Globenewswire.com and their article: “Neon Therapeutics to Present at Jefferies 2019 Healthcare Conference – GlobeNewswire” published on June 03, 2019 as well as Benzinga.com‘s news article titled: “List of Companies Reaching Yearly Lows Tuesday – Benzinga” with publication date: July 23, 2019.

Neon Therapeutics, Inc., a clinical-stage immuno-oncology company, engages in developing neoantigen-targeted therapies for cancers in the United States. The company has market cap of $79.75 million. It is developing NEO-PV-01, a neoantigen vaccine that is in Phase Ib clinical trial in combination with nivolumab for the treatment of metastatic melanoma, non-small cell lung cancer, and bladder cancer; NEO-PTC-01, a neoantigen T cell therapy for the treatment of solid tumors; and NEO-SV-01, a neoantigen vaccine for the treatment of estrogen-receptor-positive breast cancer. It currently has negative earnings. Neon Therapeutics, Inc. has a clinical trial collaboration with Natera, Inc. to assess the treatment response to personal cancer vaccine.

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