Liminatus Pharma (NASDAQ:LIMN) Stock Price Down 7.1% – Time to Sell?

Liminatus Pharma Inc. (NASDAQ:LIMNGet Free Report) fell 7.1% during trading on Wednesday . The stock traded as low as $2.99 and last traded at $3.02. 645,888 shares changed hands during mid-day trading, a decline of 72% from the average session volume of 2,273,840 shares. The stock had previously closed at $3.25.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen downgraded shares of Liminatus Pharma from a “hold” rating to a “sell” rating in a research note on Saturday, August 2nd.

Read Our Latest Report on Liminatus Pharma

Liminatus Pharma Stock Performance

The stock’s 50 day moving average price is $6.52.

Liminatus Pharma Company Profile

(Get Free Report)

Liminatus Pharma, Inc is a pre-clinical-stage immuno-oncology company, which engages in developing novel, immune-modulating cancer therapies. The company was founded on November 1, 2020 and is headquartered in La Palma, CA.

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