Raytheon Technologies Corp. Stock Underperforms Wednesday When Compared To Competitors

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.

Raytheon Technologies Corp. Stock Underperforms Wednesday When Compared To Competitors

5:23 pm ET January 11, 2023 (MarketWatch) Print

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

Shares of Raytheon Technologies Corp. (RTX) sank 0.33% to $99.59 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.28% to 3,969.61 and the Dow Jones Industrial Average rising 0.80% to 33,973.01. Raytheon Technologies Corp. closed $6.43 short of its 52-week high ($106.02), which the company achieved on April 21st.

The stock underperformed when compared to some of its competitors Wednesday, as Boeing Co. (BA) rose 0.65% to $208.03. Trading volume (4.5 M) eclipsed its 50-day average volume of 4.3 M.

Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 11, 2023.

(END) Dow Jones Newswires

January 11, 2023 17:23 ET (22:23 GMT)