Boeing Co. Stock Underperforms Friday When Compared To Competitors

Elevation Oncology Inc

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Health Care : Biotechnology |

Company profile

Elevation Oncology, Inc. is an oncology company. The Company is focused on the discovery and development of selective cancer therapies to treat patients across a range of solid tumors with significant unmet medical needs. Its lead product candidate, EO-3021 (SYSA1801 or CPO102), is an antibody-drug conjugate (ADC) designed to target Claudin 18.2, a clinically validated molecular target, which can selectively deliver a cytotoxic payload directly to cancer cells expressing Claudin 18.2. Claudin 18.2 is expressed across several solid tumor types, including many gastrointestinal cancers such as gastric, gastroesophageal junction and pancreatic cancer. Claudin 18.2 is also expressed in ovarian cancer, non-small cell lung cancer (NSCLC) and other solid tumors. The Company is exploring opportunities through new or existing partnerships and business development opportunities to expand its novel oncology pipeline.

Boeing Co. Stock Underperforms Friday When Compared To Competitors

4:39 pm ET March 24, 2023 (MarketWatch) Print

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

Shares of Boeing Co. (BA) slid 0.19% to $197.53 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.56% to 3,970.99 and the Dow Jones Industrial Average rising 0.41% to 32,237.53. Boeing Co. closed $23.80 short of its 52-week high ($221.33), which the company reached on February 14th.

The stock underperformed when compared to some of its competitors Friday, as Raytheon Technologies Corp. (RTX) rose 0.46% to $96.44. Trading volume (4.5 M) remained 1.7 million below its 50-day average volume of 6.2 M.

Data source: Dow Jones Market Data, FactSet. Data compiled March 24, 2023.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

March 24, 2023 16:39 ET (20:39 GMT)