Structure Therapeutics Inc. declined 1.08% in premarket trading. The company's stock price movement is likely influenced by the recent news events related to Seres Therapeutics, Inc., which announced constructive feedback from the FDA on its Phase 2 study protocol for SER-155. However, Seres Therapeutics also announced plans to cut its workforce by 25% to extend its cash runway, which could be seen as a bearish indicator for the stock.
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