Cisco Systems Inc. Stock Falls Friday, 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.

Cisco Systems Inc. Stock Falls Friday, Underperforms Market

4:48 pm ET January 13, 2023 (MarketWatch) Print

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

Shares of Cisco Systems Inc. (CSCO) slipped 0.24% to $48.88 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.40% to 3,999.09 and the Dow Jones Industrial Average rising 0.33% to 34,302.61. This was the stock's second consecutive day of losses. Cisco Systems Inc. closed $12.62 below its 52-week high ($61.50), which the company achieved on January 14th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Microsoft Corp. (MSFT) rose 0.30% to $239.23, Amazon.com Inc. (AMZN) rose 2.99% to $98.12, and Broadcom Inc. (AVGO) fell 0.51% to $579.00. Trading volume (12.6 M) remained 5.9 million below its 50-day average volume of 18.6 M.

Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 13, 2023.

(END) Dow Jones Newswires

January 13, 2023 16:48 ET (21:48 GMT)