Kura Oncology reported a 112% increase in trading volume and beat Q3 EPS estimates, gaining 15% after positive preliminary clinical data from Komet-007 Phase 1 study.

Kura Oncology (NASDAQ:KURA) reported an increase of 112% in trading volume on Tuesday compared to the previous session. The company reported a Q3 EPS of ($0.50), beating consensus estimates by $0.06 at ($0.56). Analysts expect Kura Oncology to post -2.09 EPS for the current year. The stocks have gained 15% after announcing promising preliminary clinical data from its Komet-007 Phase 1 dose-escalation trial, with a 100% complete remission rate in 20 patients treated with ziftomenib and 7+3.

January 30, 2024
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