Stock Alert: Cabaletta Bio (CABA) Climbing 5.43% in Pre-Market Trading for August 5

Equities Staff  |

Cabaletta Bio Inc (NASDAQ:CABA) has already risen $0.07 in early trading Friday.

After closing the previous trading session at $1.29, Cabaletta Bio has moved 5.43% higher ahead of market open.

The company rose 10.26% over the last 5 days.

Today could shape up to be an attractive day for Cabaletta Bio investors.

For technical charts, analysis, and more on Cabaletta Bio Inc visit the company profile.

Pre-market prices and movements as of 08:01:37 est.

About Cabaletta Bio Inc

Cabaletta Bio is a clinical-stage biotechnology company focused on the discovery and development of engineered T cell therapies, and exploring their potential to provide a deep and durable, perhaps curative, treatment, for patients with B cell-mediated autoimmune diseases. The Cabaletta Approach to selective B cell Ablation (CABA) platform, in combination with Cabaletta's proprietary technology, utilizes Chimeric AutoAntibody Receptor (CAAR) T cells that are designed to selectively bind and eliminate only specific autoantibody-producing B cells while sparing normal antibody-producing B cells, which are essential for human health. The Company's lead product candidate, DSG3-CAART, is being evaluated in the DesCAARTes™ phase 1 clinical trial as a potential treatment for patients with mucosal pemphigus vulgaris, a prototypical B cell-mediated autoimmune disease. The FDA granted Fast Track Designation for DSG3-CAART in May 2020. The Company's lead preclinical product candidate, MuSK-CAART, is in IND-enabling studies and is designed as a potential treatment for patients with MuSK-associated myasthenia gravis.

To get more information on Cabaletta Bio Inc and to follow the company's latest updates, you can visit the company's profile page here: Cabaletta Bio Inc's Profile. For more news on the financial markets be sure to visit Equities News. Also, don't forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Symbol info widget is provided by TradingView based on 15-minute-delayed prices. All other article data is provided by IEX Cloud on 15-minute delayed prices or EOD company info.

Stock price data is provided by IEX Cloud on a 15-minute delayed basis. Chart price data is provided by TradingView on a 15-minute delayed basis.

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