Investment
Features
FeesSafety
Academy
More
Pluang+

Gossamer Bio faces investor lawsuit after Phase 3 trial failure causes 80% stock plunge

Market News
24 Mar 2026
GlobeNewsWire
View Source
Bearish
pluang ai news

Gossamer Bio announced its Phase 3 PROSERA trial for seralutinib in pulmonary arterial hypertension failed to meet its primary endpoint, causing its stock to drop 80.14% on February 23, 2026. Following this, Pomerantz LLP launched an investigation into potential securities fraud or unlawful practices by Gossamer and its executives. Investors affected by the stock plunge are encouraged to contact Pomerantz LLP regarding a class action lawsuit. This legal move highlights risks investors face when clinical trial results disappoint and impact stock prices drastically.

More News

Law firm investigates Hims & Hers for allegedly sharing users' private health data without consent.

Law firm investigates Hims & Hers for allegedly sharing users' private health data without consent.

Lowey Dannenberg, P.C. is investigating Hims & Hers Health, Inc. for allegedly sharing sensitive user health data, including medical histories and mental health info, with third parties without proper consent. This raises concerns about violations of...

Market News
Bearish
1 hour ago
DNRS revamps digital platform with 9thCO, adopting composable architecture for seamless user experience.

DNRS revamps digital platform with 9thCO, adopting composable architecture for seamless user experience.

Digital agency 9thCO completed a major digital transformation for DNRS, moving from a fragmented WordPress setup to a unified composable architecture. This upgrade centralizes user management, integrates key business tools like CRM and scheduling, an...

Others
Bullish
1 hour ago
Willis Towers Watson stock could rise 25% on new digital sales and advanced analytics innovations.

Willis Towers Watson stock could rise 25% on new digital sales and advanced analytics innovations.

Willis Towers Watson, a global advisory firm, is poised for growth with a 25.3% potential stock upside, driven by new initiatives like KwantSure, a digital insurance sales channel for subcontractors, and a Geospatial Mortality Model to improve pensio...

Analyst Insights
Bullish
2 hours ago
AngioDynamics jumps on strong Q4 sales and raised price target to $19 by H.C. Wainwright

AngioDynamics jumps on strong Q4 sales and raised price target to $19 by H.C. Wainwright

AngioDynamics reported an 8% revenue increase to $86.6 million in Q4, driven by a 16.7% sales rise in its Med Tech division, notably from NanoKnife and AlphaVac products. H.C. Wainwright raised the price target from $16 to $19 and maintained a Buy ra...

Company Fundamentals
Bullish
2 hours ago
PNC beats Q2 earnings estimates with record revenue, but shares fall on expense and deposit concerns.

PNC beats Q2 earnings estimates with record revenue, but shares fall on expense and deposit concerns.

PNC Financial Services Group reported Q2 2026 adjusted EPS of $4.85 and record revenue of $6.88 billion, surpassing analyst expectations. The growth was driven by a 15.5% rise in net interest income and a 31.4% increase in fee income, reflecting stro...

Company Fundamentals
Neutral
3 hours ago
banner-footerbanner-footer

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