4D Molecular Therapeutics (FDMT) Moves 11.1% Higher: Will This Strength Last?
FDMT4D Molecular Therapeutics(FDMT) ZACKS·2024-07-12 22:41

4D Molecular Therapeutics, Inc. (FDMT) shares soared 11.1% in the last trading session to close at $25.79. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 3.6% loss over the past four weeks. Investors are bullish on the stock due to the recent pipeline progress. Last month, the FDA cleared the company's investigational new drug application or 4D-175, an R100 vector-based intravitreal genetic medicine, for the treatment of patient ...