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Chinook Therapeutics Inc. (NASDAQ: KDNY) Highlighted for Surprising Price Action

By: Investor Brand Network
August 01, 2023 at 12:37 PM EDT

Chinook Therapeutics, Inc. (NASDAQ: KDNY) has caught the attention of the investment community today with its bullish price action. The company’s shares are currently up 2.86% on the day to $40.3.

Chinook Therapeutics, Inc., a clinical-stage biotechnology company, focuses on the discovery, development, and commercialization of precision medicines for kidney diseases. The company’s lead clinical program is atrasentan, a Phase III endothelin receptor antagonist for the treatment of IgA nephropathy and other proteinuric glomerular diseases. Its product candidates also include BION-1301, an anti-APRIL monoclonal antibody being evaluated in a Phase I/II trial for IgA nephropathy.

So far today, approximately 6.36M shares of Chinook Therapeutics, Inc. have been exchanged, as compared to an average 30-day volume of 2.55M shares.

Chinook Therapeutics, Inc. share prices have moved between a 52-week high of $40.47 and a 52-week low of $18.06. The stock has moved -0.05% over the past week.

To learn more about Chinook Therapeutics, Inc., visit the company’s website at https://www.chinooktx.com.

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