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

Oric Pharmaceuticals faces securities fraud probe after prostate cancer drug update causes 41% stock drop

Market News
14 May 2026
PRNewsWire
View Source
Bearish
pluang ai news

Oric Pharmaceuticals announced that its prostate cancer drug rinzimetostat is only as effective as competitors, not the best in its class as expected. This announcement led to a 41% drop in Oric's stock price. Following this, Pomerantz LLP launched an investigation into potential securities fraud or unlawful practices by Oric and its officers. Investors affected by the stock drop are encouraged to contact the law firm for possible class action participation.

More News

Elizabeth Warren criticizes Trump's Nvidia stock trades amid China AI chip deals as a national security risk.

Elizabeth Warren criticizes Trump's Nvidia stock trades amid China AI chip deals as a national security risk.

Senator Elizabeth Warren condemned President Donald Trump for making millions in Nvidia stock trades during key AI chip policy developments involving China. Trump's financial disclosures revealed over 3,700 transactions worth hundreds of millions in ...

Market News
Bearish
3 hours ago
Charter Communications down 35%, but free cash flow and debt outlook remain strong through 2029.

Charter Communications down 35%, but free cash flow and debt outlook remain strong through 2029.

Charter Communications' stock has dropped 35%, yet the company maintains confidence in its free cash flow and margin resilience despite competitive pressures and debt challenges. Its near-term debt maturities are manageable, with projections showing ...

Market News
Bullish
4 hours ago
Western Midstream Partners offers 8.35% yield with strong Q1 growth and a major acquisition expanding its footprint.

Western Midstream Partners offers 8.35% yield with strong Q1 growth and a major acquisition expanding its footprint.

Western Midstream Partners (WES) reported strong Q1 results with a record $683.1 million adjusted EBITDA, a 15% year-over-year increase, and a 2.2% rise in distributions. The company announced a $1.6 billion acquisition of Brazos Delaware, expanding ...

Market News
Bullish
4 hours ago
Ethereum falls to $2,250 amid highest trader profit-taking in 3 weeks

Ethereum falls to $2,250 amid highest trader profit-taking in 3 weeks

Ethereum's price dropped to $2,250 as traders engaged in profit-taking at levels not seen in three weeks. This pullback suggests some investors are locking in gains after recent price increases. The decline could signal short-term caution in the mark...

Technical Signals
Bearish
5 hours ago
ICE and CME urge US regulators to oversee Hyperliquid's $22M token-based energy markets to ensure fair trading.

ICE and CME urge US regulators to oversee Hyperliquid's $22M token-based energy markets to ensure fair trading.

Intercontinental Exchange (ICE) and Chicago Mercantile Exchange (CME) are pressing U.S. regulators to scrutinize Hyperliquid, a decentralized exchange that allows users to create new energy trading markets by staking 500,000 HYPE tokens, worth about ...

Market News
Bearish
5 hours ago
banner-footerbanner-footer

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