10-May-2024
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Acumen Pharmaceuticals to Participate in the 2024 Bank of America Healthcare Conference
Globe Newswire (Wed, 8-May 5:47 PM ET)
Globe Newswire (Wed, 8-May 8:00 AM ET)
Acumen Pharmaceuticals to Report First Quarter Results on May 14, 2024
Globe Newswire (Tue, 7-May 4:00 PM ET)
Globe Newswire (Tue, 16-Apr 8:00 AM ET)
Globe Newswire (Thu, 4-Apr 8:00 AM ET)
Globe Newswire (Tue, 26-Mar 7:00 AM ET)
Globe Newswire (Thu, 21-Mar 8:00 AM ET)
Globe Newswire (Tue, 19-Mar 4:00 PM ET)
Acumen Pharmaceuticals to Participate in the Stifel 2024 CNS Days
Globe Newswire (Tue, 12-Mar 4:00 PM ET)
Acumen Pharmaceuticals Inc is a clinical-stage biopharmaceutical company developing a novel disease-modifying approach to target what it believes to be a key underlying cause of Alzheimer's disease. The company's drug candidate, ACU193, is a subclass monoclonal antibody that selectively targets amyloid-beta oligomers.
Acumen Pharmaceuticals trades on the NASDAQ stock market under the symbol ABOS.
As of May 10, 2024, ABOS stock price declined to $3.36 with 121,950 million shares trading.
ABOS has a beta of 2.45, meaning it tends to be more sensitive to market movements. ABOS has a correlation of 0.11 to the broad based SPY ETF.
ABOS has a market cap of $201.87 million. This is considered a Small Cap stock.
The top ETF exchange traded funds that ABOS belongs to (by Net Assets): VTI, VXF, IWC, AVSC, DFAS.
ABOS has underperformed the market in the last year with a return of -49.0%, while the SPY ETF gained +27.8%. In the last 3 month period, ABOS fell short of the market, returning +3.7%, while SPY returned +4.2%. However, in the most recent 2 weeks ABOS has outperformed the stock market by returning +6.0%, while SPY returned +2.5%.
ABOS support price is $3.41 and resistance is $3.73 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ABOS stock will trade within this expected range on the day.