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Ultragenyx shares plunge 44.7% premarket after GTX-102 Phase 3 failure

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RARE
RARE Ultragenyx Pharmaceutical Inc
$26.53 +2.79%
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  1. 1Ultragenyx (RARE) Angelman syndrome GTX-102 Phase 3 Aspire misses primary and key secondary endpoints
  2. 2Shares down 44.7% to $14.67 in premarket trading; no significant difference between treatment and placebo groups
  3. 3Evercore, Baird, JPMorgan among those cutting ratings and price targets; shares fall below 52-week low of $18.29

This 3-line summary is compiled from the report below.

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