Silexion Therapeutics Stock Plunges 11.45% on Warrant Exercise
On August 1, 2025, Silexion's stock experienced a significant drop of 11.45% in pre-market trading, reflecting a notable shift in investor sentiment.
Silexion Therapeutics recently announced the exercise of new warrants, with an exercise price set at $11.32 per share. This move is part of the company's strategy to strengthen its financial position and support the development of its RNAi therapy for KRAS-driven cancers.
The company's stock has seen volatility due to the release of new preclinical data, which showed inhibition rates of up to 97% in pancreatic cancer cells. This positive data has contributed to a surge in the stock price, reaching a multi-year high of $22.36. The market capitalization of SilexionSLXN-- Therapeutics stands at approximately $9.64 million, positioning it as a small-cap entity in the competitive biotech landscape.

Get the scoop on pre-market movers and shakers in the US stock market.
Latest Articles
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.

Comments
No comments yet