Karyopharm Therapeutics Inc (KPTI) Drops 13.72% on January 07

Equities Staff |

Karyopharm Therapeutics Inc (KPTI) was one of the Russell 2000's biggest losers for Thursday January 07 as the stock slid 13.72% to $10.00, a loss of $-1.59 per share. Starting at an opening price of $10.87 a share, the stock traded between $9.98 and $10.87 over the course of the trading day. Volume was 450,816 shares over 3,868 trades, against an average daily volume of 324,300 shares and a total float of 35.73 million.

The losses send Karyopharm Therapeutics Inc down to a market cap of $357.32 million. In the last year, Karyopharm Therapeutics Inc has traded between $35.65 and $10.00, and its 50-day SMA is currently $15.09 and 200-day SMA is $20.50.

Karyopharm Therapeutics Inc. is a clinical-stage pharmaceutical company focused on the discovery, development and subsequent commercialization of drugs directed against nuclear transport targets for the treatment of cancer and other major diseases.

Karyopharm Therapeutics Inc is based out of Newton, MA and has some 71 employees. Its CEO is Michael G. Kauffman.

For a complete fundamental analysis analysis of Karyopharm Therapeutics Inc, check out Equities.com’s Stock Valuation Analysis report for KPTI. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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