Today
-1.05%
5 Days
+3.62%
1 Month
-5.20%
6 Months
-25.30%
Year to Date
-8.35%
1 Year
-15.23%
• Summit Therapeutics shares declined due to profit-taking following a recent corporate rally. • Investors are reducing risk ahead of upcoming Phase III clinical data readouts. • Proposed common share count expansion raised potential future share dilution concerns.
• Summit Therapeutics shares rose following positive Phase 3 trial results for ivonescimab. • The HARMONi-GI1 study met its primary overall survival endpoint in biliary tract cancer. • Summit reports zero annual revenue and a net loss of $1.08 billion.
• Analyst ratings and price targets suggest significant upside potential. • FDA accepted BLA for ivonescimab, with a PDUFA date in November 2026. • Institutional investors increased holdings, indicating growing conviction.


| Shareholders | Proportion |
|---|---|
| Duggan (Robert William) | 73.45% |
| Baker Bros. Advisors LP | 4.69% |
| Zanganeh (Mahkam) | 4.64% |
| Xia (Yu) | 4.13% |
| Shareholder Types | Proportion |
|---|---|
| Individual Investor | 82.64% |
| Investment Advisor | 7.18% |
| Hedge Fund | 5.75% |
| Investment Advisor/Hedge Fund | 2.40% |
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