Rezolute(RZLT)
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RZLT INVESTIGATION: Rezolute, Inc. Investors Should Contact Block & Leviton LLP To Potentially Recover Losses
Newsfile· 2025-12-12 20:00
Core Viewpoint - Rezolute, Inc. (NASDAQ: RZLT) experienced a significant decline in share price, falling over 85% after the failure of its Phase 3 sunRIZE study in congenital hyperinsulinism, which did not meet its primary or key secondary endpoints. This has raised concerns about potential securities law violations due to misleading statements made by the company regarding earlier data and program outlook [2][4]. Group 1: Company Performance - The share price of Rezolute, Inc. dropped more than 85% on December 11, 2025, following the announcement of the failed clinical trial results [2]. - The Phase 3 sunRIZE study aimed at treating congenital hyperinsulinism did not achieve its primary or key secondary endpoints, leading to investor losses [2]. Group 2: Legal Investigation - Block & Leviton is investigating Rezolute, Inc. for potential securities law violations and may file an action to recover losses for affected investors [4]. - Investors who purchased common stock in Rezolute, Inc. and experienced a decline in share value may be eligible to participate in the investigation, regardless of whether they sold their shares [3]. Group 3: Investor Support - Block & Leviton encourages investors who have lost money to contact them for assistance in recovering losses [5]. - The firm is recognized as a leading securities class action firm, having recovered billions for defrauded investors through litigation [7].
Rezolute, Inc. (RZLT) Shares Tank 90% Amid Lead Asset Trial Failure -- Hagens Berman Investigating
Prnewswire· 2025-12-12 13:30
Core Viewpoint - Rezolute, Inc. experienced a dramatic decline in share price, dropping as much as 90% after announcing the failure of its Phase 3 sunRIZE trial for the drug ersodetug, which was intended to treat hypoglycemia caused by hyperinsulinism [1][4] Company Performance - The Phase 3 trial results indicated that the drug did not meet its primary endpoint, and the reduction in hypoglycemia events was not statistically significant compared to placebo [3] - The secondary endpoint, which assessed the change in average daily percent time in hypoglycemia, also failed to show significant results compared to placebo [3] Market Reaction - Following the announcement, Rezolute's share price plummeted, prompting analysts to downgrade the stock rating from outperform to neutral and reduce the price target from $12 to $1 [4] - The market's swift reaction reflects investor disappointment and concerns regarding the company's previous assurances about the drug's efficacy and market potential [2][4] Legal Investigation - Hagens Berman, a national shareholders rights firm, has initiated an investigation into whether Rezolute misled investors about the efficacy and commercial prospects of ersodetug [2][4] - The firm is encouraging investors who suffered losses to come forward and is seeking information from individuals who may assist in the investigation [2][5]
Hagens Berman Investigating Rezolute, Inc. (RZLT) as Shares Tank 90% Amid Lead Asset Trial Failure
Businesswire· 2025-12-12 00:59
Core Viewpoint - Rezolute, Inc. experienced a dramatic decline in share price, dropping as much as 90% during intraday trading following the announcement of the failure of its Phase 3 sunRIZE trial for the drug ersodetug, which was intended to treat hypoglycemia caused by hyperinsulinism [1][4]. Company Summary - The Phase 3 trial results indicated that the drug did not meet its primary endpoint, with the reduction in hypoglycemia events not being statistically significant compared to placebo. Additionally, it failed to meet its secondary endpoint related to continuous glucose monitoring [3][4]. - Prior to the trial results, Rezolute had assured investors of the drug's potential efficacy and a significant market opportunity, claiming that the study was expected to demonstrate the drug's efficacy and safety [3][4]. Market Reaction - Following the announcement of the trial failure, the market reacted swiftly, leading to a significant drop in the company's stock price. Analysts also adjusted their ratings, with one reducing the rating from outperform to neutral and slashing the price target from $12 to $1 [4]. Investigation - The severe market reaction has prompted Hagens Berman, a national shareholders rights firm, to initiate an investigation into whether Rezolute misled investors regarding the efficacy and commercial prospects of ersodetug [2][4].
Recent Market Update: Top Losers and Their Significant Price Movements
Financial Modeling Prep· 2025-12-12 00:00
Company Performance - Rezolute, Inc. (NASDAQ:RZLT) experienced a dramatic stock price drop to $1.32, reflecting an 87.93% decrease due to a failed Phase 3 study and subsequent investigation by Holzer & Holzer, LLC [1][6] - Oriental Culture Holding Ltd. (NASDAQ:OCG) saw its stock price decline to $1.57, an 81.95% decrease, potentially influenced by its unaudited financial results for the first half of 2025 [2][6] - C3is Inc. (NASDAQ:CISS) reported a stock price drop to $0.34, a 79.82% decrease, amid broader industry challenges and its financial results for the third quarter [3][6] - GRI Bio, Inc. (NASDAQ:GRI) faced a 54.70% decline in stock price to $0.54, linked to its public offering announcement of $8 million [4][6] - Thunder Power Holdings, Inc. (OTCQB:AIEV) saw its stock price decrease to $0.14, a 49.58% drop, as it reported third-quarter results and plans for asset integration and renewable energy expansion [5] Market Trends - The significant price movements across various sectors, including biotechnology, e-commerce, marine shipping, and electric vehicle manufacturing, indicate heightened volatility in the market [5] - Factors contributing to these declines include company-specific news such as earnings reports and strategic decisions, as well as broader market trends and economic indicators [5]
Rezolute, Inc. (NASDAQ:RZLT) Faces Setback with Phase 3 Study, Impacting Stock Performance
Financial Modeling Prep· 2025-12-11 23:07
Core Insights - Rezolute, Inc. faced a significant setback with its Phase 3 sunRIZE study for treating congenital hyperinsulinism, leading to a dramatic decline in stock performance [1][5] Group 1: Study Results - The sunRIZE study did not meet its primary endpoint, with the highest dose of ersodetug achieving only a 45% reduction in hypoglycemia events, which was not statistically significant compared to the placebo group's 40% reduction [2][5] - The trial also failed to meet its key secondary endpoint, showing a 25% reduction in average daily percent time in hypoglycemia for the top dose, while the placebo group experienced a 5% increase [3][5] - Despite these failures, the company reported that target drug concentrations were achieved across all age groups, and safety observations were generally favorable, although two participants experienced serious hypersensitivity reactions [3] Group 2: Stock Performance - Following the disappointing trial results, Wedbush set a price target of $1 for RZLT, indicating a potential decrease of approximately -19.68% from its trading price of $1.245 [2][5] - The stock has seen a significant decline of 88.21% from its previous value, currently priced at $1.29, with fluctuations between a low of $1.07 and a high of $1.41 [4][5] - Over the past year, the stock reached a high of $11.46 and a low of $1.07, with a current market capitalization of approximately $119.62 million and a trading volume of 91.55 million shares [4]
Rezolute, Inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights – RZLT
Businesswire· 2025-12-11 19:39
Core Viewpoint - Rezolute, Inc. is currently under investigation for potential securities fraud violations, which may impact its financial standing and investor confidence [1] Group 1 - The investigation is being conducted by the DJS Law Group, indicating potential legal ramifications for the company [1] - Investors are encouraged to discuss their rights in light of the ongoing investigation, suggesting that there may be significant implications for shareholders [1]
INVESTOR ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Rezolute
Businesswire· 2025-12-11 19:30
Core Insights - Rezolute, Inc. is facing potential legal claims following a significant drop in its stock price due to disappointing results from its Phase 3 clinical trial for its lead drug candidate, ersodetug [2][3] Group 1: Company Performance - On December 11, 2025, Rezolute, Inc. shares fell sharply, with a decline from approximately $10.94 to an intraday low of around $0.90, representing an approximate 85-90% drop [2][3] - The Phase 3 sunRIZE clinical trial for ersodetug did not meet its primary and key secondary endpoints, with the highest dose showing reductions in hypoglycemia events that were not statistically significant compared to placebo [2] Group 2: Legal Investigation - Faruqil & Faruqil, LLP is investigating potential claims against Rezolute, indicating that the firm has a history of recovering hundreds of millions of dollars for investors since its founding in 1995 [1]
Rezolute, Inc. (RZLT) Discusses Phase 3 sunRIZE Study Results and Challenges in Congenital Hyperinsulinism Transcript
Seeking Alpha· 2025-12-11 19:22
Core Insights - The Phase III sunRIZE study for ersodetug in patients with congenital hyperinsulinism (HI) did not achieve statistical significance for its primary and secondary endpoints, which has caused disappointment within the company [3] - The company acknowledges the significant unmet need for new therapies in the congenital HI patient population and expresses gratitude for the participation of patients, families, and investigators in the study [2] Study Results - The study aimed to demonstrate the efficacy of ersodetug compared to placebo in an outpatient setting, where glucose levels were both the primary endpoint and a vital sign [3] - Despite the belief in the drug's potential activity, the results did not show a significant difference from the placebo group [3]
Crude Oil Down 2%; Ciena Posts Upbeat Earnings - Black Titan (NASDAQ:BTTC), Ciena (NYSE:CIEN)
Benzinga· 2025-12-11 17:27
Market Overview - U.S. stocks showed mixed performance with the Dow rising 1.34% to 48,703.91, while the Nasdaq fell 0.57% to 23,519.07 and the S&P 500 gained 0.01% to 6,886.94 [1] - In commodity markets, oil decreased by 2% to $57.27, while gold increased by 2% to $4,310.90, silver rose 5.36% to $64.440, and copper climbed 3% to $5.5125 [5] Company Performance - Ciena Corp reported a 20.3% year-on-year revenue growth to $1.35 billion, exceeding analyst expectations of $1.29 billion, and posted adjusted EPS of 91 cents, surpassing the consensus estimate of 77 cents [2] - Black Titan Corp's shares surged 73% to $5.73 following the launch of its Digital Asset Treasury Plus framework [8] - Diamond Hill Investment Group Inc's shares rose 45% to $170.44 after First Eagle agreed to acquire the company for $175 per share in a $473 million all-cash deal [8] - Planet Labs PBC shares increased by 34% to $17.40 after reporting better-than-expected third-quarter sales and raising FY26 sales guidance [8] - Rezolute Inc's shares plummeted 88% to $1.26 after its Phase 3 study did not meet key endpoints [8] - C3is Inc's shares fell 81% to $0.33 following the announcement of a $9 million offering [8] - Oracle Corp's shares dropped 13% to $194.31 after mixed second-quarter financial results for fiscal 2026 [8] European Market Performance - European shares experienced gains with the eurozone's STOXX 600 rising 0.55%, Spain's IBEX 35 Index up 0.72%, London's FTSE 100 increasing by 0.49%, Germany's DAX 40 rising 0.68%, and France's CAC 40 surging 0.79% [6] Asian Market Performance - Asian markets closed mostly lower, with Japan's Nikkei down 0.90%, Hong Kong's Hang Seng down 0.04%, and China's Shanghai Composite declining 0.70%, while India's BSE Sensex gained 0.51% [9]
INVESTOR ALERT: Investigation of Rezolute, Inc. (RZLT) by Holzer & Holzer, LLC
Globenewswire· 2025-12-11 16:46
Core Insights - Holzer & Holzer, LLC is investigating whether Rezolute, Inc. complied with federal securities laws following the announcement of topline results from its Phase 3 sunRIZE study, which did not meet the primary or key secondary endpoints, leading to a drop in the company's stock price [1] Company Summary - Rezolute, Inc. (NASDAQ: RZLT) announced that its Phase 3 sunRIZE study results failed to meet both the primary endpoint and a key secondary endpoint [1] - The announcement of these results resulted in a decline in the company's stock price [1] Legal Context - Holzer & Holzer, LLC, a law firm specializing in securities litigation, is reaching out to investors who purchased Rezolute stock and experienced losses, encouraging them to discuss their legal rights [2] - The firm has a history of representing shareholders and investors in litigation, recovering significant amounts for those affected by corporate misconduct [3]