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Compass Pathways shares rise 4% on strong 52-week data for depression drug COMP360

Market News
09 Sep 2026
Proactive Investors
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Bullish
Compass Pathways shares rise 4% on strong 52-week data for depression drug COMP360

Compass Pathways' stock rose 4% following new 52-week data from its Phase III study of COMP360, an oral psilocybin treatment for treatment-resistant depression (TRD). The data showed sustained symptom improvement with infrequent dosing, supporting the drug's safety and efficacy. Analysts at Jefferies are confident in FDA approval, noting the drug's Breakthrough Therapy Designation and priority review status, with a potential launch in early 2027. COMP360's less frequent dosing offers a competitive advantage over existing treatments like Johnson & Johnson's Spravato, with estimated peak sales of $1.5 billion and a company valuation between $3 billion and $4.5 billion.

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Hayati® partners with elrow at Edinburgh Festival, launching immersive "TURN UP WITH HAYATI®" activation

Hayati® partners with elrow at Edinburgh Festival, launching immersive "TURN UP WITH HAYATI®" activation

Hayati®, a UK-based technology and vaping brand, partnered with elrow at the Edinburgh Festival to launch the "TURN UP WITH HAYATI®" activation. This collaboration featured a dedicated space with interactive activities, special festival edition produ...

Others
Neutral
1 hour ago
FREELANDER debuts international test drive and brand event at 2026 Chery User Summit in China

FREELANDER debuts international test drive and brand event at 2026 Chery User Summit in China

FREELANDER participated in the 2026 Chery International User Summit in Wuhu, China, showcasing the international variant of its FREELANDER 8 model through a day-and-night program on October 19. The day featured the first international test drive on c...

Others
Bullish
3 hours ago
Bitcoin rises above $82,000 as mixed crypto sector shows gains in Monero, Zcash, and others

Bitcoin rises above $82,000 as mixed crypto sector shows gains in Monero, Zcash, and others

Bitcoin (BTC) climbed 0.89% to surpass $82,000, with Ether (ETH) also gaining 0.45% near $2,400. The crypto market showed mixed performance: Monero (XMR) and Zcash (ZEC) rose over 2%, while sectors like Layer 1 and CeFi advanced modestly. However, so...

Market News
Neutral
4 hours ago
Bitwise NEAR ETF offers 3.31% net staking rewards, below 4.94% gross rate as of Oct 16

Bitwise NEAR ETF offers 3.31% net staking rewards, below 4.94% gross rate as of Oct 16

The Bitwise NEAR ETF (NRR) held 16.5 million NEAR tokens valued at over $82 million as of mid-October, with all assets staked to earn rewards. The fund reported a 3.31% net staking reward rate on Oct. 16, lower than the 4.94% gross rate, due to fees ...

Protocol Fundamentals
Neutral
4 hours ago
South32 boosts copper output 11% in FY27 start with record $153M quarterly Chile payout

South32 boosts copper output 11% in FY27 start with record $153M quarterly Chile payout

South32 Ltd began fiscal year 2027 with an 11% rise in copper production at its Sierra Gorda mine, driven by higher ore grades and ongoing expansion efforts including a new grinding line to increase capacity by 25%. The company also saw a 14% increas...

Market News
Bullish
4 hours ago
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