Apollomics (NASDAQ:APLM) Downgraded to “Sell” Rating by Wall Street Zen

by · The Cerbat Gem

Wall Street Zen lowered shares of Apollomics (NASDAQ:APLM – Free Report) from a hold rating to a sell rating in a research report released on Sunday.

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Apollomics in a report on Monday, December 22nd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Sell”.

View Our Latest Stock Analysis on APLM

Apollomics Stock Up 11.2%

NASDAQ:APLM opened at $20.00 on Friday. The company has a 50 day simple moving average of $17.57 and a two-hundred day simple moving average of $12.35. Apollomics has a 12 month low of $3.66 and a 12 month high of $42.12.

About Apollomics

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Apollomics, Inc, a clinical-stage biopharmaceutical company based in Palo Alto, California, focuses on the development of innovative targeted therapies and immuno-oncology agents for the treatment of cancer. The company’s research and development efforts center on small molecule inhibitors and monoclonal antibodies designed to address key pathways involved in tumor growth and immune evasion. Its lead asset, dalpiciclib (formerly SHP654), is a selective oral CDK4/6 inhibitor in Phase III trials for metastatic breast cancer, and Apollomics holds a number of additional early-stage programs targeting solid tumors and hematologic malignancies.

Founded in 2015, Apollomics has established research and clinical collaboration networks across North America, China and Europe.

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