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SpringWorks Therapeutics (SWTX) Surges: Stock Moves 9.6% Higher
SpringWorks Therapeutics, Inc. (SWTX - Free Report) was a big mover last session, as the company saw its shares rise nearly 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 46.3% in the past one-month time frame.
The company has seen three negative estimate revisions in the past months, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few months, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
SpringWorks Therapeutics currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
A better-ranked stock in the Medical - Biomedical and Genetics industry is Emergent BioSolutions Inc. (EBS - Free Report) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Zacks’ 2020 Election Stock Report:
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Check out the 2020 Election Stock Report >>