Clene shares surge 20.42% premarket on JonesTrading buy rating for CNM-Au8 driven by promising ALS results.

Wednesday, Nov 12, 2025 8:20 am ET1min read
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Clene Inc. surged 20.42% in premarket trading following a bullish analyst rating from JonesTrading. Analyst Justin Walsh reiterated a Buy rating for Clene’s CNM-Au8 program, maintaining a $30.00 price target, which aligns with the stock’s sharp premarket rise. The analyst’s endorsement of the ALS-focused therapy highlights renewed investor confidence in the company’s pipeline, directly supporting the upward price movement.

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