Cabaletta Bio, Inc. (NASDAQ: CABA) is the focus of IBN’s latest stock spotlight. The company’s shares have moved 7.45% on the day to $13.42.
Cabaletta Bio, Inc., a clinical-stage biotechnology company, focuses on the discovery and development of engineered T cell therapies for patients with B cell-mediated autoimmune diseases. Its proprietary technology utilizes chimeric autoantibody receptor (CAAR) T cells that are designed to selectively bind and eliminate B cells, which produce disease-causing autoantibodies or pathogenic B cells. The company’s lead product candidate is DSG3-CAART, which is in Phase I clinical trial.
So far today, approximately 447.08k shares of Cabaletta Bio, Inc. have been exchanged, as compared to an average 30-day volume of 625.93k shares.
Cabaletta Bio, Inc. share prices have moved between a 52-week high of $14.25 and a 52-week low of $0.59. The stock has moved -7.46% over the past week.
To learn more about Cabaletta Bio, Inc., visit the company’s website at https://www.cabalettabio.com.
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