Alector Inc is a biotechnology company focused on developing innovative therapies for neurodegenerative diseases by harnessing the immune system
The company aims to discover and bring to market treatments that address the underlying mechanisms of conditions such as Alzheimer's disease. Through advanced research and a proprietary platform, Alector is dedicated to unlocking new pathways in neuroscience and providing hope for patients dealing with these challenging diseases. Their strategic approach combines drug development with a strong emphasis on understanding the interactions between the immune system and the nervous system.
Shares of Airspan Networks Holdings Inc. (NASDAQMIMO) shares rose sharply during Wednesday’s session after the company announced a partnership with GCT Semiconductor to develop an RF module. Airspan Networks Holdings shares surged 381% to $0.3699 on Wednesday.
U.S. stocks traded mixed, with the Nasdaq Composite gaining around 60 points on Friday. Here are some other big stocks recording gains in today’s session.
Stifel has upgraded Alector Inc (NASDAQALEC), noting that while Alzheimer's is a very high risk, the probability of success for AL002 (TREM2 agonist) is above average, and the stock risk/reward is highly attractive ahead of phase 2 data in expected in Q4 2024.
Shares of Amtech Systems, Inc. (NASDAQASYS) shares fell sharply during Thursday’s session after the company reported worse-than-expected fourth-quarter sales results and issued first-quarter sales guidance below estimates.
