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MGTX - A Potential Catalyst Trade Presents On Axovant
MeiraGTx Holdings plc
In February I wrote about Axovant Gene Therapies Ltd (AXGT), formerly Axovant Sciences (AXON-OLD), providing my thoughts on data expected in March 2019 from two of the company's trials, one in Parkinson's disease and one in GM2 gangliosidosis. I believed it was too early to recommend a long in AXGT because data from those trials would not have data from within-trial controls for comparison. The market didn't care though, AXON closed at $1.48 on Friday, March 8, and opened at $2.12 on Monday, March 11, a 43% gain following the pre-market