Broadcom Inc. Stock Rises Tuesday, Still 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.

Broadcom Inc. Stock Rises Tuesday, Still Underperforms Market

4:39 pm ET January 31, 2023 (MarketWatch) Print

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

Shares of Broadcom Inc. (AVGO) inched 0.61% higher to $585.01 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.46% to 4,076.60 and the Dow Jones Industrial Average rising 1.09% to 34,086.04. The stock's rise snapped a two-day losing streak. Broadcom Inc. closed $60.30 short of its 52-week high ($645.31), which the company achieved on March 29th.

The stock underperformed when compared to some of its competitors Tuesday, as NVIDIA Corp. (NVDA) rose 1.96% to $195.37. Trading volume (2.4 M) eclipsed its 50-day average volume of 2.3 M.

Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 31, 2023.

(END) Dow Jones Newswires

January 31, 2023 16:39 ET (21:39 GMT)