As far as I know, none of the stock brokers allowed for success of CSL112 in their price targets. Any reaction to this trial failing will be short lived. The SP will be governed by the financial results and most importantly outlook statement. If they upgrade guidance, the SP is sure to go higher from here. If guidance is maintained, there is no reason for the SP to fall back to the low to mid 200s.
One needs to keep in mind that the fall to mid $200s was not solely due to company performance. The rising interest rates played a big part in that.
Ann: Top-line Results from the Phase 3 AEGIS-II Trial, page-17
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Last
$280.64 |
Change
-0.280(0.10%) |
Mkt cap ! $135.6B | |||
| Open | High | Low | Value | Volume |
| $281.47 | $282.13 | $279.80 | $103.2M | 368.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 972 | $280.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $280.75 | 500 | 1 |
View Market Depth
| Last trade - 16.10pm 27/05/2024 (20 minute delay) ? |
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Last
$280.71 |
Change
-0.280 ( 0.03 %) |
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| Open | High | Low | Volume | ||
| $281.55 | $282.17 | $279.85 | 53497 | ||
| Last updated 15.59pm 27/05/2024 ? | |||||
| CSL (ASX) Chart |