Walt Disney Co. Stock Underperforms Wednesday When Compared To Competitors

Xilio Therapeutics Inc

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Company profile

Xilio Therapeutics, Inc. is a biotechnology company. The Company is focused on harnessing the immune system to achieve clinical responses for cancer patients. It offers a geographically precise solutions (GPS) platform to engineer molecules, including cytokines and other biologics, that are designed to enhance therapeutic index. Using its GPS platform, the Company is engaged in developing a pipeline of tumor-selective cytokine and checkpoint inhibitor immunotherapies to treat cancer. Its product candidates include XTX101, XTX202, XTX301, and XTX401. XTX101 is a clinical-stage, tumor-selective anti-cytotoxic T-lymphocyte-associated protein (CTLA-4), monoclonal antibody (mAb), which is designed to improve upon the therapeutic index of existing anti-CTLA-4 therapies. XTX202 and XTX301 are an engineered form of interleukin 2 (IL-2) that is masked with a protein domain to prevent binding activity until the protein domain is cleaved off by tumor microenvironment (TME)-associated proteases.

Walt Disney Co. Stock Underperforms Wednesday When Compared To Competitors

4:48 pm ET May 18, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Walt Disney Co. (DIS) shed 3.99% to $104.30 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 4.04% to 3,923.68 and Dow Jones Industrial Average falling 3.57% to 31,490.07. Walt Disney Co. closed $83.28 short of its 52-week high ($187.58), which the company reached on September 9th.

The stock underperformed when compared to some of its competitors Wednesday, as Comcast Corp. Cl A (CMCSA) fell 1.66% to $42.13 and Sony Group Corp. ADR (6758.TO) fell 0.71% to $87.07. Trading volume (11.8 M) remained 1.2 million below its 50-day average volume of 13.0 M.

Data source: Dow Jones Market Data, FactSet. Data compiled May 18, 2022.

(END) Dow Jones Newswires

May 18, 2022 16:48 ET (20:48 GMT)