Werewolf Therapeutics (HOWL) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Werewolf Therapeutics (HOWL) stock exploded higher on Friday morning after management said the company has agreed to a definitive all-stock merger with Ambros Therapeutics. The combined company will pivot to focus on Ambros' Phase 3 drug candidate – neridronate – for Complex Regional Pain Syndrome Type 1 (CRPS-1), backed by an oversubscribed $150 million private placement from top-tier institutional investors like RA Capital and Janus Henderson.
Werewolf Therapeutics (HOWL) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| LW Landry Watson AVANTAX ADVISORY SERVICES Inc. | 10,200 | $11,118 | $10,169.4 | -$948.6 | -8.53% |
Paul Cohen Marest Capital, LLC | 10,870 | $3,347.96 | $10,977.61 | $7,629.65 | 227.89% |
| Biotechnology Industry | Healthcare Sector | Daniel J. Hicklin CEO | NASDAQ (NGS) Exchange | 95075A107 CUSIP |
| US Country | 39 Employees | - Last Dividend | - Last Split | 30 Apr 2021 IPO Date |
Werewolf Therapeutics, Inc. is a biopharmaceutical company focused on developing innovative therapeutics designed to stimulate the body’s immune system to combat cancer. Leveraging its proprietary PREDATOR platform, the company is committed to designing conditionally activated molecules that activate both adaptive and innate immunity. These developments aim to overcome the limitations associated with conventional proinflammatory immune therapies. Established in 2017 and based in Watertown, Massachusetts, Werewolf Therapeutics is at the forefront of immune-oncology research, striving to make a significant impact in the treatment of cancer.