Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Replimune shares plunge 64% after FDA rejects melanoma treatment application, investors join fraud probe.

Market News
17 May 2026
GlobeNewsWire
View Source
Bearish
pluang ai news

Replimune Group announced that the FDA issued a complete response letter rejecting its Biologics License Application for RP1 combined with nivolumab to treat advanced melanoma. The company and FDA disagreed on the adequacy of the submitted data, causing Replimune's shares to drop 64.3% on April 13, 2026. The Schall Law Firm is investigating potential securities law violations and inviting affected investors to join a fraud lawsuit. This development raises concerns about the company's drug approval prospects and investor losses.

More News

AlphaPepe presale nears sell-out with $1.25M raised and 8,700 holders ahead of Q2 exchange launch.

AlphaPepe presale nears sell-out with $1.25M raised and 8,700 holders ahead of Q2 exchange launch.

AlphaPepe's presale is nearing sell-out at Stage 16, having raised over $1.25 million and attracted more than 8,700 holders. The project also boasts over 4,000 active users on its AlphaSwap AI-powered decentralized exchange demo and has completed a 1...

Market News
Bullish
1 hour ago
Nvidia remains strong but cautious ahead of earnings, with growth slowing and stock seen as a hold below $200.

Nvidia remains strong but cautious ahead of earnings, with growth slowing and stock seen as a hold below $200.

Nvidia continues to be a core holding due to solid revenue and earnings quality, but further stock accumulation is paused ahead of its upcoming earnings report. While hyperscaler capital expenditure, a key revenue driver, shows ongoing growth, recent...

Company Fundamentals
Neutral
4 hours ago
NextEra Energy plans a $66B mostly stock deal to acquire Dominion Energy, creating a US power giant.

NextEra Energy plans a $66B mostly stock deal to acquire Dominion Energy, creating a US power giant.

NextEra Energy is in talks to acquire Dominion Energy in a deal valued at about $66 billion, offering roughly $76 per share, a 21% premium. The transaction would be mostly stock-based, with NextEra shareholders owning about 75% of the combined compan...

Company Fundamentals
Bullish
4 hours ago
Japan's SBI and Rakuten to offer Bitcoin and Ethereum trusts via traditional brokerages.

Japan's SBI and Rakuten to offer Bitcoin and Ethereum trusts via traditional brokerages.

Japan's top online brokerages, SBI Securities and Rakuten Securities, are launching Bitcoin and Ethereum investment trusts accessible through regular brokerage accounts. This move simplifies crypto investing by eliminating the need for separate crypt...

Market News
Bullish
4 hours ago
Bitcoin long-term holders accumulate 15.26M BTC, signaling confidence ahead of key Fed minutes.

Bitcoin long-term holders accumulate 15.26M BTC, signaling confidence ahead of key Fed minutes.

Bitcoin long-term holders have increased their holdings to 15.26 million BTC, the highest since August 2025, showing renewed investor confidence despite economic uncertainty. Over the past month, nearly 316,000 BTC were added by these holders, revers...

Market News
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App