SpringWorks Therapeutics Trading Volume Surges to $388 Million Ranking 332nd in Market

Generated by AI AgentAinvest Market Brief
Monday, May 12, 2025 8:22 pm ET1min read

On May 12, 2025,

(SWTX) experienced a significant surge in trading volume, reaching $388 million, marking a 123.39% increase from the previous day. This substantial volume placed at the 332nd position in the day's stock market rankings. However, despite the high trading volume, the stock price of SpringWorks Therapeutics (SWTX) closed the day with a slight decline of 0.30%.

SpringWorks Therapeutics recently released its financial results for the quarter ending March 31, 2025. The company reported an earnings per share (EPS) loss of $1.11, a slight improvement from the $1.18 loss per share reported in the same period last year. The company's revenue for the quarter was $49.1 million, representing a 133.65% increase from the $21.0 million reported in the previous year's corresponding quarter. This significant revenue growth indicates strong performance and potential for future expansion.

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