Karuna Therapeutics Inc
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Health Care : Biotechnology | Small Cap Value
Company profile

Karuna Therapeutics Inc. is a clinical-stage biopharmaceutical company. The Company is focused on to create and deliver transformative medicines for people living with psychiatric and neurological conditions. Its lead product candidate, KarXT, is an oral modulator of muscarinic receptors that are located both in the central nervous system (CNS) and various peripheral tissues. It is initially developing KarXT, for the treatment of acute psychosis in patients with schizophrenia. The Company is developing a pipeline of therapeutic programs to address symptoms associated with schizophrenia and psychosis associated with Alzheimer’s disease (AD), as well as various forms of pain. KarXT is a combination of xanomeline and trospium. KarXT combines xanomeline, a muscarinic agonist, with trospium, a muscarinic antagonist, to stimulate muscarinic receptors in the CNS. It is advancing a pipeline of therapeutic programs to address the positive, negative and cognitive symptoms.

Price
Delayed
$122.58
Day's Change
-2.03 (-1.63%)
Bid
--
Ask
--
B/A Size
--
Day's High
125.49
Day's Low
121.22
Volume
(Light)

Today's volume of 13,590 shares is on pace to be much lighter than KRTX's 10-day average volume of 191,081 shares.

13,590

SHAREHOLDER ALERT: PHG HYRE APPH: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

12:25 pm ET October 12, 2021 (Accesswire) Print

NEW YORK, NY / ACCESSWIRE / October 12, 2021 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a loss you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff. There will be no obligation or cost to you.

Koninklijke Philips N.V. (NYSE:PHG)

If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/koninklijke-philips-n-v-loss-submission-form?prid=20346&wire=1

Lead Plaintiff Deadline: October 15, 2021

Class Period: February 25, 2020 - June 11, 2021

Allegations against PHG include that: (i) Philips had deficient product manufacturing controls or procedures; (ii) as a result, the Company's Bi-Level PAP and CPAP devices and mechanical ventilators were manufactured using hazardous materials; (iii) accordingly, the Company's sales revenues from the foregoing products were unsustainable; (iv) the foregoing also subjected the Company to a substantial risk of a product recall, in addition to potential legal and/or regulatory action; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.

HyreCar Inc. (NASDAQ:HYRE)

If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/hyrecar-inc-loss-submission-form?prid=20346&wire=1

Lead Plaintiff Deadline: October 26, 2021

Class Period: May 14, 2021 - August 10, 2021

Allegations against HYRE include that: (a) HyreCar had materially understated its insurance reserves; (b) HyreCar had systematically failed to pay valid insurance claims incurred prior to the Class Period; (c) HyreCar had incurred significant expenses transitioning to its new third-party insurance claims administrator and processing claims incurred from prior periods; (d) HyreCar had failed to appropriately price risk in its insurance products and was experiencing elevated claims incidence as a result; (e) HyreCar had been forced to dramatically reform its claims underwriting, policies and procedures in response to unacceptably high claims severity and customer complaints; and (f) as a result, HyreCar's operations and prospects were misrepresented because the Company was not on track to meet the financial estimates provided to investors during the Class Period, and such estimates lacked a reasonable basis in fact, including HyreCar's purported gross margin, EBITDA (earnings before interest, taxes, depreciation, and amortization), and net loss trajectories.

AppHarvest, Inc. (NASDAQ:APPH)

If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/appharvest-inc-loss-submission-form?prid=20346&wire=1

Lead Plaintiff Deadline: November 23, 2021

Class Period: May 17, 2021 - August 10, 2021

Allegations against APPH include that: (1) AppHarvest lacked sufficient training for its recently expanded labor force; (2) as a result, the Company could not produce Grade No. 1 tomatoes consistently; (3) as a result, the Company's financial results would be adversely impacted; and (4) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Image: https://www.accesswire.com/users/newswire/images/667768/image.png

To learn more contact Vincent Wong, Esq. either via email vw@wongesq.com or by telephone at 212.425.1140.

Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Vincent Wong, Esq.

39 East Broadway

Suite 304

New York, NY 10002

Tel. 212.425.1140

Fax. 866.699.3880

E-Mail: vw@wongesq.com

SOURCE: The Law Offices of Vincent Wong

View source version on accesswire.com:

https://www.accesswire.com/667768/SHAREHOLDER-ALERT-PHG-HYRE-APPH-The-Law-Offices-of-Vincent-Wong-Reminds-Investors-of-Important-Class-Action-Deadlines

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COMTEX_395035621/2457/2021-10-12T12:25:28

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