Stoke (STOK) falls 5.56% in Active Trading on September 14

Equities Staff  |

Today, Stoke Therapeutics Inc Inc’s (NASDAQ: STOK) stock fell $1.41, accounting for a 5.56% decrease. Stoke opened at $25.46 before trading between $25.69 and $23.80 throughout Tuesday’s session. The activity saw Stoke’s market cap fall to $879,405,724 on 85,627 shares -above their 30-day average of 80,954.

About Stoke Therapeutics Inc

Stoke Therapeutics, is a biotechnology company dedicated to addressing the underlying cause of severe diseases by up-regulating protein expression with RNA-based medicines. Using the company's proprietary TANGO (Targeted Augmentation of Nuclear Gene Output) approach Stoke is developing antisense oligonucleotides (ASOs) to selectively restore protein levels. The company's first compound, STK-001 is in clinical testing for the treatment of Dravet syndrome, a severe and progressive genetic epilepsy. Dravet syndrome is one of many diseases caused by a haploinsufficiency, in which a loss of ~50% of normal protein levels leads to disease. The company is pursuing treatment for a second haploinsufficient disease, autosomal dominant optic atrophy (ADOA), the most common inherited optic nerve disorder. Stoke's initial focus is haploinsufficiencies and diseases of the central nervous system and the eye, although proof of concept has been demonstrated in other organs, tissues, and systems, supporting the company's belief in the broad potential for its proprietary approach. Stoke is headquartered in Bedford, Massachusetts with offices in Cambridge, Massachusetts.

Visit Stoke Therapeutics Inc's profile for more information.

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To get more information on Stoke Therapeutics Inc and to follow the company's latest updates, you can visit the company's profile page here: Stoke Therapeutics 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: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

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