Syros stock dives 92% on failed Phase 3 study, possible loan default (update)

seekingalpha
13 Nov 2024

Hailshadow

  • Syros Pharmaceuticals (NASDAQ:SYRS) stock plunged 92% in post-market trading Tuesday after the company said a Phase 3 study of its drug tamibarotene did not meet its primary endpoint, which constituted a default event under its loan agreement with Oxford Financial.
  • The

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