Neutral/Negative Catalysts
- Price action is sharply negative (regular session -7.87%, pre-market -3.97%) alongside broader market weakness, indicating risk-off pressure and poor tape.
- Technical breakdown below ~0.65 support increases odds of further downside before any sustainable rebound.
- Clinical-stage uncertainty: value depends on trial outcomes/timelines; news is operational progress rather than efficacy readouts.
- Trading trends: Hedge funds neutral and insiders neutral (no supportive accumulation signal recently).