Waters Corp. Stock Falls Monday, Underperforms Market

Harpoon Therapeutics Inc

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Health Care : Biotechnology | Small Cap Value

Company profile

Harpoon Therapeutics, Inc. is a clinical-stage immunotherapy company. The Company is engaged in the developing a T cell engager that harness the power of the body’s immune system to treat patients suffering from cancer and other diseases. It is developing a pipeline of T cell engagers using its TriTACs, focused on the treatment of solid tumors and hematologic malignancies. It has also nominated its clinical candidate using its ProTriTAC platform, a prodrug version of its TriTAC platform, designed to expand the target space for T cell engagers and bring the benefits of TriTACs to the patients. The Company’s TriTAC product candidates include HPN328, HPN217 and HPN536. The Company’s ProTriTAC product candidate include HPN601. T cell engagers are engineered proteins that direct a patient’s own T cells to kill target cells that express specific proteins, or antigens, carried by the target cells.

Waters Corp. Stock Falls Monday, Underperforms Market

5:31 pm ET January 9, 2023 (MarketWatch) Print

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

Shares of Waters Corp. (WAT) dropped 0.56% to $320.40 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.08% to 3,892.09 and Dow Jones Industrial Average falling 0.34% to 33,517.65. This was the stock's third consecutive day of losses. Waters Corp. closed $48.60 below its 52-week high ($369.00), which the company achieved on August 1st.

The stock underperformed when compared to some of its competitors Monday, as Thermo Fisher Scientific Inc. (TMO) rose 2.07% to $546.09, Danaher Corp. (DHR) rose 1.01% to $255.05, and General Electric Co. (GE) rose 1.01% to $72.67. Trading volume (594,679) eclipsed its 50-day average volume of 349,991.

Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 9, 2023.

(END) Dow Jones Newswires

January 09, 2023 17:31 ET (22:31 GMT)