Corbus Pharmaceuticals (CRBP) News Today

$42.99
+0.12 (+0.28%)
(As of 05/14/2024 ET)
Corbus Pharmaceuticals (NASDAQ:CRBP) Receives New Coverage from Analysts at Royal Bank of Canada
Royal Bank of Canada initiated coverage on Corbus Pharmaceuticals in a report on Monday. They set an "outperform" rating and a $77.00 price target for the company.
Corbus Pharmaceuticals (NASDAQ:CRBP) Price Target Raised to $60.00
CRBP Corbus Pharmaceuticals Holdings, Inc.
Corbus Pharmaceuticals (NASDAQ:CRBP) Price Target Raised to $60.00 at Oppenheimer
Oppenheimer lifted their price objective on shares of Corbus Pharmaceuticals from $58.00 to $60.00 and gave the company an "outperform" rating in a research note on Wednesday.
7 A-Rated Aggressive Biotech Stocks to Bet On in 2024
Corbus Pharmaceuticals Holdings, Inc. (NASDAQ:CRBP) Short Interest Update
Corbus Pharmaceuticals Holdings, Inc. (NASDAQ:CRBP - Get Free Report) was the target of a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 475,600 shares, an increase of 17.8% from the March 15th total of 403,800 shares. Based on an average daily volume of 912,800 shares, the days-to-cover ratio is presently 0.5 days. Currently, 4.6% of the company's stock are short sold.
Short Interest in Corbus Pharmaceuticals Holdings, Inc. (NASDAQ:CRBP) Expands By 560.9%
Corbus Pharmaceuticals Holdings, Inc. (NASDAQ:CRBP - Get Free Report) was the target of a significant increase in short interest in March. As of March 15th, there was short interest totalling 403,800 shares, an increase of 560.9% from the February 29th total of 61,100 shares. Approximately 3.9% of the shares of the company are short sold. Based on an average daily volume of 886,400 shares, the days-to-cover ratio is currently 0.5 days.
CRBP Factor-Based Stock Analysis
Short Interest in Corbus Pharmaceuticals Holdings, Inc. (NASDAQ:CRBP) Decreases By 34.2%
Corbus Pharmaceuticals Holdings, Inc. (NASDAQ:CRBP - Get Free Report) saw a significant decrease in short interest in February. As of February 29th, there was short interest totalling 61,100 shares, a decrease of 34.2% from the February 14th total of 92,900 shares. Based on an average daily trading volume, of 831,100 shares, the short-interest ratio is currently 0.1 days. Approximately 0.6% of the company's shares are sold short.
Corbus Pharmaceuticals Holdings, Inc. (NASDAQ:CRBP) Major Shareholder Cormorant Asset Management, Lp Buys 250,000 Shares
Corbus Pharmaceuticals Holdings, Inc. (NASDAQ:CRBP - Get Free Report) major shareholder Cormorant Asset Management, Lp purchased 250,000 shares of the firm's stock in a transaction on Thursday, March 7th. The stock was acquired at an average cost of $40.05 per share, for a total transaction of $10,012,500.00. Following the completion of the purchase, the insider now owns 1,725,000 shares in the company, valued at approximately $69,086,250. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Large shareholders that own at least 10% of a company's shares are required to disclose their transactions with the SEC.
CRBP Apr 2024 25.000 put
CRBP Mar 2024 45.000 put
CRBP Jun 2024 50.000 put
CRBP Jun 2024 50.000 call
All Three of Our Analysts Agree
CRBP Mar 2024 40.000 call
Corbus Pharmaceuticals just upgraded at Jefferies, here's why
Corbus Pharmaceuticals (NASDAQ:CRBP) Stock Rating Upgraded by Jefferies Financial Group
Jefferies Financial Group upgraded Corbus Pharmaceuticals from a "hold" rating to a "buy" rating and increased their target price for the stock from $4.00 to $46.00 in a report on Wednesday.
Corbus Pharmaceuticals (CRBP) Scheduled to Post Quarterly Earnings on Tuesday
Corbus Pharmaceuticals (NASDAQ:CRBP) will be releasing earnings on Tuesday, March 5, Yahoo Finance reports.
Corbus Pharmaceuticals Names Dominic Smethurst CMO
Corbus Pharmaceuticals (NASDAQ:CRBP) Stock Price Passes Above 50 Day Moving Average of $14.77
Corbus Pharmaceuticals (NASDAQ:CRBP) Share Price Passes Above 50-Day Moving Average of $14.77
Corbus Pharmaceuticals Holdings Inc (3371.MU)
ACAD Mar 2024 35.000 put
ACAD Mar 2024 36.000 call
Short Interest in Corbus Pharmaceuticals Holdings, Inc. (NASDAQ:CRBP) Rises By 1,553.7%
Corbus Pharmaceuticals Holdings, Inc. (NASDAQ:CRBP - Get Free Report) was the target of a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 464,700 shares, a growth of 1,553.7% from the January 15th total of 28,100 shares. Approximately 4.5% of the shares of the company are sold short. Based on an average daily volume of 734,800 shares, the days-to-cover ratio is currently 0.6 days.
Corbus Pharmaceuticals stock: An explosive 342% YTD surge
Shares of CRBP have already experienced a meteoric rise of over 300% year-to-date, thanks to early but promising data from its Phase 1 trial.
Corbus Pharmaceuticals Holdings Inc
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This page (NASDAQ:CRBP) was last updated on 5/14/2024 by MarketBeat.com Staff

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