Cidara Therapeutics Stock Surges 20.53 as Trading Volume Spikes 427% to 290M Ranks 350th in Market Activity

Cidara Therapeutics (CDTX) surged 20.53% on Sept. 24, with a trading volume of $290 million—up 427.52% from the previous day—ranking it 350th in market activity. The biotech firm’s stock performance reflects heightened investor interest amid recent developments.

Analysts noted that the sharp volume spike suggests increased short-term speculative activity, though no major clinical or regulatory announcements were reported. The company’s pipeline remains in early-stage trials, with no near-term catalysts identified in the public domain. Market observers emphasized that the move could be attributed to broader sector rotation rather than firm-specific fundamentals.

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