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Pre-Open Movers: Karuna Surges on Study Data, Bed Bath & Beyond Climbs

08/08/2022

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2022.08.08 16:46

Pre-Open Movers: Karuna Surges on Study Data, Bed Bath & Beyond Climbs

Magic Empire Global Limited (NASDAQ:MEGL) +100%; recent IPO extends gain after surging in debut.

Karuna Therapeutics, Inc. (NASDAQ:KRTX) +53%; today announced positive topline results from its Phase 3 EMERGENT-2 trial evaluating the efficacy, safety, and tolerability of its lead investigational therapy, KarXT (xanomeline-trospium), in adults with schizophrenia. The trial met its primary endpoint, with KarXT demonstrating a statistically significant and clinically meaningful 9.6-point reduction in the Positive and Negative Syndrome Scale (PANSS) total score compared to placebo (-21.2 KarXT vs. -11.6 placebo, p

08/08/2022

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