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flag Alto Neuroscience shares rose 8.8% to $24.22 on March 16, 2026, after reporting 2025 results and securing $120 million in funding for its depression drug.

flag Alto Neuroscience shares rose 8.81% to $24.22 on March 16, 2026, following the release of fiscal year 2025 results and a $120 million private placement financing. flag The company reported a net loss of $63.2 million, or $2.19 per share, for 2025, slightly wider than 2024’s loss, though operating expenses declined. flag The funding will support the development of ALTO-207, including a planned Phase 3 trial for treatment-resistant depression, with pro forma cash expected to reach $275 million. flag The stock hit a 52-week high of $24.70 and closed near its upper range.

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