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home / news releases / AMGN - Mirati Therapeutics: Updates To Thesis ASCO Winner Sans Data


AMGN - Mirati Therapeutics: Updates To Thesis ASCO Winner Sans Data

Shares of Mirati Therapeutics (MRTX) have risen by over 800% since my September 2017 article called the stock a Buy and noted it was poised to capitalize on the emerging theme of targeted oncology (much like prior picks in the space Loxo Oncology and Ignyta). A couple months later, I encouraged readers to "Buy the Dip" after the stock corrected on news that management was de-prioritizing glesatinib in favor of freeing up cash to push forward sitravatinib and its preclinical KRAS program.

Given that the targeted oncology theme shows little sign

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Stock Information

Company Name: Amgen Inc.
Stock Symbol: AMGN
Market: NASDAQ
Website: amgen.com

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