Ophthotech ( NASDAQ : OPTH ) got crushed 85 % in today's trade , after it announced that its key drug Fovista failed in phase 3 trials on wet AMD ...
... the stock plummeted from $US 39 , down to $US 5 + change ...
Market Cap smashed from $US 1500 million , to $US 200 m. : Ouch !
... next cab off the rank , step right up to stage : Opthea !
Well , I guess the failure of Fovista puts more of a spotlight on our product ...
... a lesson for wannabe investors : Bio-techs are not for the faint hearted ..
Ophthotech ( NASDAQ : OPTH ) got crushed 85 % in today's trade ,...
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Last
47.5¢ |
Change
-0.020(4.04%) |
Mkt cap ! $584.7M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 50.8¢ | 47.5¢ | $4.304M | 9.050M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 29597 | 47.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.5¢ | 15044 | 2 |
View Market Depth
| Last trade - 16.10pm 20/08/2024 (20 minute delay) ? |
| OPT (ASX) Chart |