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Amylyx (AMLX) Stock Clears 52-Week High After GLP-1 Drug Nails Phase 3 Trial

By Trader Edge at 2026-10-02 14:36

Sentiment: Negative

TLDR Amylyx stock jumped around 21% in pre-market trading after its GLP-1 drug avexitide hit both primary and secondary endpoints in a Phase 3 trial The trial showed patients had 55% fewer severe hypoglycemic events compared to placebo Mizuho raised its price target on AMLX to $30 from $24, keeping an Outperform rating Avexitide holds [...] The post Amylyx (AMLX) Stock Clears 52-Week High After GLP-1 Drug Nails Phase 3 Trial appeared first on CoinCentral. Continue reading...

Categories: Stocks

Tags: #Stocks

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