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Enliven Therapeutics Soars 5.97% Despite Insider Selling
Generated by AI AgentAinvest Movers Radar
Friday, Apr 11, 2025 4:36 am ET1min read
On April 11, 2025,
Therapeutics, Inc. (NASDAQ:ELVN) saw a significant rise of 5.97% in pre-market trading, indicating a strong start to the day for the biotechnology company.Enliven Therapeutics has been in the spotlight recently due to insider trading activities. On March 7th, Anish Patel, the Chief Operating Officer, sold 6,667 shares at an average price of $21.44. This transaction, along with other insider sales, has raised questions about the company's internal sentiment. Insiders sold a total of 50,084 shares worth $1,057,990 over the last quarter, which could be seen as a bearish signal by some investors.
Despite the insider selling, the recent pre-market surge suggests that there may be other factors driving the stock's price. Investors should closely monitor any upcoming news or announcements from Enliven Therapeutics that could provide further insight into the company's performance and future prospects.
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