FeesSafety
Pluang+

Tyra Biosciences faces securities fraud probe after adverse events in cancer drug trial cause stock to drop 17.7%.

Market News
17 Sep 2026, 17:00 WIB
PRNewsWire
View Source
Bearish
Tyra Biosciences faces securities fraud probe after adverse events in cancer drug trial cause stock to drop 17.7%.

Tyra Biosciences announced initial results from a Phase 2 trial of its cancer drug dabogratinib, revealing significant Grade 3 adverse events in patients. Following this, the company's stock fell nearly 18%. Pomerantz LLP is investigating whether Tyra and its executives engaged in securities fraud or unlawful practices related to the trial data disclosure. Investors affected by the stock drop are advised to contact the law firm for potential class action participation.

Tyra Biosciences is the subject of an investor investigation following adverse trial results. For readers following the health sector, here is Pluang's market snapshot as of Sep 17, 2026 19:42 WIB: 74 of 91 health-sector stocks rose today. Notable movers include Twist Bioscience Corp at USD 148.47 with a 3.77% increase, AbCellera Biologics Inc at USD 12.07 up 3.43%, and Ascendis Pharma A/S at USD 239.50 down 3.31%.

More News

Evaxion announces its 2027 financial calendar with key dates for updates and results.

Evaxion announces its 2027 financial calendar with key dates for updates and results.

Evaxion, a clinical-stage TechBio company, has released its financial calendar for 2027, outlining important dates for business updates and financial results. Key events include the full year 2026 results on March 4, the Annual General Meeting on Apr...

Market News
Neutral
1 hour ago
CollPlant to trade as OPHI on Nasdaq, focusing on photonic computing with LightSolver's laser tech.

CollPlant to trade as OPHI on Nasdaq, focusing on photonic computing with LightSolver's laser tech.

CollPlant Biotechnologies will change its Nasdaq ticker from CLGN to OPHI starting November 13, 2026, reflecting its strategic shift toward photonic computing through its subsidiary LightSolver. This move highlights CollPlant's focus on developing Li...

Market News
Bullish
1 hour ago
Glider launches a permissionless platform for tokenized stocks amid public companies' rejection of SEC venues.

Glider launches a permissionless platform for tokenized stocks amid public companies' rejection of SEC venues.

Glider has introduced a global investing platform for tokenized stocks that operates permissionlessly, bypassing the SEC's Tokenized Securities Venues (TSVs) which 50 public companies recently rejected. Backed by major investors like a16z and Coinbas...

Market News
Bullish
1 hour ago
BofA raises Royal Caribbean price target to $365 on strong bookings and 2027 earnings outlook

BofA raises Royal Caribbean price target to $365 on strong bookings and 2027 earnings outlook

BofA Securities raised its price target for Royal Caribbean Group to $365, citing strong booking volumes and the company’s goal of adjusted earnings per share around $20 by 2027. The cruise operator expects 4.5% capacity growth next year and has repo...

Analyst Insights
Bullish
1 hour ago
Tilray's 10 Barrel, Widmer Brothers, and Hop Valley named official craft beer partners of Portland Trail Blazers.

Tilray's 10 Barrel, Widmer Brothers, and Hop Valley named official craft beer partners of Portland Trail Blazers.

Tilray Brands announced that its subsidiaries 10 Barrel Brewing, Widmer Brothers Brewing, and Hop Valley Brewing are now the official craft beer partners of the Portland Trail Blazers. This partnership expands the availability of Oregon craft beers a...

Market News
Bullish
2 hours ago
banner-footerbanner-footer

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