Why Did AnaptysBio Plunge 10.25%?

Generated by AI AgentAinvest Movers Radar
Monday, Apr 14, 2025 5:13 am ET1min read
ANAB--

On April 14, 2025, AnaptysBio's stock experienced a significant drop of 10.25% in pre-market trading.

AnaptysBio's stock has seen notable fluctuations recently. The company's shares have been subject to various market dynamics, including institutional investments and analyst ratings. KLP Kapitalforvaltning AS recently acquired a new position in AnaptysBioANAB--, indicating potential confidence in the company's future prospects. Additionally, Wedbush maintained a buy rating for AnaptysBio, setting a target price of $42, reflecting a positive outlook despite recent market volatility.

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