MarketBeat Earnings
Seaport Therapeutics (NASDAQ:SPTX) Reaches New 52-Week High - Here's What Happened
Seaport Therapeutics (NASDAQ:SPTX) reached a new 52-week high of $25.07, closing at $24.40 with a market capitalization of $1.31 billion. This surge follows largely positive analyst initiations, although the company reported a quarterly loss exceeding consensus estimates. Insider buying by director Robert J. Hombach and a significant new stake by institutional investor TRV GP VI LLC further highlight …