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home / news releases / MGTA - Magenta Therapeutics up 47% on plan to pursue strategic alternatives

MGTA - Magenta Therapeutics up 47% on plan to pursue strategic alternatives

Magenta Therapeutics Inc.

  • Magenta Therapeutics ( NASDAQ: MGTA ) has added 47% in post-market trading after saying it will stop development of its program and conduct a review of strategic alternatives.
  • These alternatives can include an acquisition, merger, or business combination.
  • Over the last year through Thursday's close, shares are down 83% .
  • Seeking Alpha's Quant Rating views Magenta ( MGTA ) as a hold.

For further details see:

Magenta Therapeutics up 47% on plan to pursue strategic alternatives
Stock Information
Company Name: Magenta Therapeutics Inc.
Stock Symbol: MGTA
Market: NASDAQ
Website: magentatx.com
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