Bull statues face a rising 2026 market chart, signaling upbeat stock outlook and gains. Key Points Corvus Pharmaceuticals has nearly tripled in value this year amid optimism that its atopic dermatitis drug candidate will continue to deliver strong trial results. Despite legal and other hurdles, New Era Energy & Digital recently noted a key achievement in its path toward providing data center capacity. USA Rare Earth has received around $1.6 billion in federal funding as it seeks to provide a domestic a ...

Core Viewpoint - Corvus Pharmaceuticals, Inc. (CRVS) is experiencing significant stock price growth due to positive clinical trial results for its lead candidate, soquelitinib, and has a new price target set by Mizuho Securities indicating further potential upside [1][6]. Company Overview - Corvus Pharmaceuticals is a clinical-stage biopharmaceutical company based in South San Francisco, focusing on innovative therapies for immune-related diseases [1]. Stock Performance - CRVS stock has surged by 209% over the past month following positive Phase I study results for soquelitinib, which showed a 72% reduction in the Eczema Area and Severity Index (EASI) [2][3]. - The current trading price of CRVS is $20.54, reflecting a 6.97% decrease today, with a market capitalization of approximately $1.53 billion [5]. Clinical Trial Results - The Phase I study for soquelitinib was a blinded, placebo-controlled trial involving patients who had previously undergone systemic therapy, confirming its potential as a "first-in-class" selective ITK inhibitor [4]. Financial Developments - Corvus Pharmaceuticals successfully closed an upsized public offering, raising approximately $201 million to support working capital, capital expenditures, and research and development, particularly for its Phase 3 T cell lymphoma program [3][6].

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Key Takeaways CRVS shares jumped 208.8% in a month following positive cohort 4 results from a phase I eczema study.Corvus Pharmaceuticals reported deeper and more durable responses with eight-week dosing versus prior cohorts.CRVS said cohort 4 patients saw a 72% EASI reduction at day 56, with no disease flares or serious events.Shares of Corvus Pharmaceuticals (CRVS) have skyrocketed 208.8% in a month. The massive stock price rally was observed after the company announced positive results from cohort 4 of a ...

Corvus Pharmaceuticals (CRVS) closed the last trading session at $23.01, gaining 208.9% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $28.83 indicates a 25.3% upside potential.The mean estimate comprises six short-term price targets with a standard deviation of $7.6. While the lowest estimate of $20.00 indicates a 13.1% decline from the current price level, the most optimistic an ...

Market Overview - U.S. stock futures are lower, with Dow futures down approximately 0.1% on Monday [1] Revolution Medicines Inc - Shares of Revolution Medicines Inc (NASDAQ:RVMD) fell 26.1% to $87.02 in pre-market trading following reports that Merck (NYSE:MRK) is no longer in talks to acquire the company [1] Erasca Inc - Erasca Inc (NASDAQ:ERAS) experienced a decline of 11.5%, trading at $8.82 in pre-market after announcing the closing of an upsized public offering of common stock [2] BlackRock TCP Capital Corp - BlackRock TCP Capital Corp (NASDAQ:TCPC) saw a decrease of 8.7%, trading at $5.35 in pre-market [2] Ambitions Enterprise Management Co LLC - Ambitions Enterprise Management Co LLC (NASDAQ:AHMA) dipped 7.9% to $28.30 in pre-market trading after a 17% drop on Friday, despite reporting a year-over-year increase in H1 EPS results [2] Regencell Bioscience Holdings Ltd - Regencell Bioscience Holdings Ltd (NASDAQ:RGC) fell 6% to $29.52 in pre-market trading after a 2% gain on Friday [2] Sierra Bancorp - Sierra Bancorp (NASDAQ:BSRR) declined 5.8% to $33.02 in pre-market trading [2] Forward Industries Inc - Forward Industries Inc (NASDAQ:FWDI) declined 4.6% to $7.46 in pre-market trading [2] Argo Blockchain PLC - Argo Blockchain PLC – ADR (NASDAQ:ARBK) fell 3.8% to $4.20 in pre-market trading [2] MINISO Group Holding Ltd - MINISO Group Holding Ltd – ADR (NYSE:MNSO) declined 3.6% to $19.12 in pre-market trading [2] Corvus Pharmaceuticals Inc - Corvus Pharmaceuticals Inc (NASDAQ:CRVS) fell 3.2% to $24.17 in pre-market trading after announcing the closing of an upsized public offering of common stock, generating gross proceeds of approximately $201 million [2]

Core Insights - Corvus Pharmaceuticals Inc. (NASDAQ:CRVS) experienced a significant stock price increase of 211.8% week-on-week, reaching an all-time high due to positive clinical trial results for its drug candidate soquelitinib in treating moderate to severe eczema [1][3]. Group 1: Clinical Trial Results - The Phase 1 trial of soquelitinib showed a 72% reduction in eczema severity among patients, compared to a 40% reduction in the placebo group [3]. - The therapy was noted to be more effective with prolonged use and was well-tolerated by patients [3]. Group 2: Future Plans - Corvus Pharmaceuticals plans to initiate a Phase 2 trial in Q1 2026, targeting 200 patients with moderate-to-severe atopic dermatitis who have not responded to previous treatments [4]. - The Phase 2 trial will consist of four cohorts of 50 patients each, testing different dosages of soquelitinib alongside a placebo group, and is expected to last 12 weeks with a 30-day follow-up [4]. Group 3: Market Reaction - On a single trading day, the stock peaked at $26.95 before closing at $25.10, reflecting a decline of 1.65% from its peak [2].

SOUTH SAN FRANCISCO, Calif., Jan. 23, 2026 (GLOBE NEWSWIRE) -- Corvus Pharmaceuticals, Inc. (Nasdaq: CRVS), a clinical-stage biopharmaceutical company, today announced the closing of an upsized underwritten public offering of 9,085,778 shares of its common stock, which includes the full exercise of the underwriters’ option to purchase 1,185,101 additional shares, at a price to the public of $22.15 per share. Gross proceeds from the underwritten public offering before deducting underwriting discounts and com ...

Core Viewpoint - Corvus Pharmaceuticals, Inc. has announced an upsized underwritten public offering of 7,900,677 shares at a price of $22.15 per share, aiming to raise approximately $175.0 million in gross proceeds before expenses [1][2]. Group 1: Offering Details - The offering includes a 30-day option for underwriters to purchase an additional 1,185,101 shares at the public offering price [1]. - The expected closing date for the offering is around January 23, 2026, pending customary closing conditions [2]. Group 2: Use of Proceeds - The net proceeds from the offering are intended for working capital and general corporate purposes, which may encompass capital expenditures and research and development for various clinical trials, including Phase 3 T cell lymphoma and Phase 2 trials for atopic dermatitis, hidradenitis suppurativa, and asthma [2]. Group 3: Underwriters - Jefferies and Goldman Sachs & Co. LLC are serving as lead book-running managers for the offering, with Mizuho as the bookrunner and Ladenburg Thalmann & Co. Inc. as a co-manager [3]. Group 4: Company Overview - Corvus Pharmaceuticals is a clinical-stage biopharmaceutical company focused on developing ITK inhibition as a novel immunotherapy approach for various immune diseases and cancers. The lead product candidate is soquelitinib, currently in a Phase 3 trial for relapsed/refractory PTCL and a Phase 1 trial for atopic dermatitis [6].

Core Viewpoint - The article highlights the offerings of the Biotech Analysis Central service, which provides in-depth analysis of pharmaceutical companies and investment opportunities in the biotech sector [1][2]. Group 1: Service Offerings - Biotech Analysis Central provides a library of over 600 biotech investing articles, a model portfolio of more than 10 small and mid-cap stocks, and various analysis and news reports to assist healthcare investors [2]. - The service is available for $49 per month, with a discounted annual plan at $399, representing a 33.50% savings [1]. Group 2: Analyst Background - The author, Terry Chrisomalis, is a private investor with a background in Applied Science, focusing on generating long-term value in the healthcare sector [2]. - The service includes live chat features for real-time discussions among investors [2].