News stories about Kite Pharma (NASDAQ:KITE) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Kite Pharma earned a news sentiment score of 0.21 on Accern’s scale. Accern also gave news articles about the biopharmaceutical company an impact score of 45.694856890492 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the media stories that may have impacted Accern Sentiment Analysis’s rankings:
- Can Biotech Keep Last Year’s Momentum Alive in 2018? – Nasdaq (nasdaq.com)
- Gene therapy approvals put need for new payer models front and center (bioworld.com)
- Bolder Novo Nordisk Emerges With $3.1 Billion Ablynx Pursuit – Bloomberg (bloomberg.com)
- UroGen Pharma Appoints Former Kite Pharma Executive Christine Cassiano as Corporate Affairs Officer – GlobeNewswire (press release) (globenewswire.com)
Kite Pharma (NASDAQ:KITE) opened at $179.99 on Tuesday. The company has a market capitalization of $10,280.00 and a price-to-earnings ratio of -26.09. Kite Pharma has a 52-week low of $39.82 and a 52-week high of $179.99.
Kite Pharma Company Profile
Kite Pharma, Inc is a clinical-stage biopharmaceutical company. The Company is focused on the development and commercialization of cancer immunotherapy products to target and kill cancer cells. The Company offers engineered autologous cell therapy, which is an approach to the treatment of cancer. Its therapy involves modifying a patient’s T cells outside the patient’s body, or ex vivo, causing the T cells to express chimeric antigen receptors (CARs), or T cell receptors (TCRs), and then reinfusing the engineered T cells back into the patient.
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