Checkpoint Therapeutics (CKPT) Soars 3.53% in 11 Days, Reaches 2024 High

Checkpoint Therapeutics (CKPT) shares rose 0.24% today, marking the 11th consecutive day of gains, with a cumulative increase of 3.53% over the past 11 days. The stock price reached its highest level since December 2024, with an intraday gain of 0.73%.

One of the key factors influencing the recent fluctuation in Checkpoint Therapeutics' stock price is the sale of US$61k worth of stock by the President on April 4. This transaction could have impacted market perception and investor sentiment, potentially leading to increased volatility in the stock price.

Additionally, the company's forecast breakeven date has been moved forward to 2025. This change in the financial outlook could affect investor confidence, as it suggests that the company is on track to achieve profitability sooner than previously anticipated. This positive development may have contributed to the recent upward trend in the stock price.