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Kyverna Therapeutics (KYTX) to Release Quarterly Earnings on Tuesday

Kyverna Therapeutics logo with Medical background
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Kyverna Therapeutics (NASDAQ:KYTX - Get Free Report) is projected to announce its earnings results before the market opens on Tuesday, March 25th. Analysts expect the company to announce earnings of ($0.84) per share for the quarter.

Kyverna Therapeutics Price Performance

Shares of NASDAQ KYTX traded up $0.11 during midday trading on Friday, reaching $2.38. 335,518 shares of the company's stock traded hands, compared to its average volume of 436,452. Kyverna Therapeutics has a one year low of $2.21 and a one year high of $28.05. The stock's 50 day simple moving average is $2.97 and its 200-day simple moving average is $4.38.

Hedge Funds Weigh In On Kyverna Therapeutics

A hedge fund recently raised its stake in Kyverna Therapeutics stock. Bank of America Corp DE increased its position in shares of Kyverna Therapeutics, Inc. (NASDAQ:KYTX - Free Report) by 41.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,788 shares of the company's stock after acquiring an additional 6,400 shares during the quarter. Bank of America Corp DE owned about 0.05% of Kyverna Therapeutics worth $81,000 as of its most recent SEC filing. 18.08% of the stock is owned by institutional investors and hedge funds.

Kyverna Therapeutics Company Profile

(Get Free Report)

Kyverna Therapeutics, Inc, a clinical-stage biopharmaceutical company, focuses on developing cell therapies for patients suffering from autoimmune diseases. Its lead product candidate is KYV-101, an autologous CD19 CAR T-cell product candidate for the treatment of patients with lupus nephritis and systemic sclerosis that is in Phase I clinical trial; and for myasthenia gravis and multiple sclerosis that is in Phase II clinical trial.

Further Reading

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