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GTHX - Oncology Stocks Area Trading Materially Lower The Last 2 Months
G1 Therapeutics Inc.
Our analysis concludes the share prices of oncology-related companies are down, on average, 25% from peaking the third week of June 2020. With the exception of Agenus Inc. (AGEN), that appears to be trading higher on anticipation its vaccine adjuvant will be used in 2 or more of the eventual approved COVID-19 vaccines, every single oncology-related company we track is trading lower today than it was in late June. For what it is worth so are most smaller-cap "rare disease" biotech companies we follow as well (though we do not track as many).