Why Synlogic (SYBX) Stock Is Down Nearly 50% Today
Why Synlogic (SYBX) Stock Is Down Nearly 50% Today
Synlogic Inc (NASDAQ:SYBX) shares are trading lower by 48.4% to $1.78 Friday afternoon after the company announced it will discontinue Synpheny-3, cease operations and reduce its workforce by more than 90%.
周五下午，Synlogic Inc（纳斯达克股票代码：SYBX）股价下跌48.4％，至1.78美元，此前该公司宣布将停产Synpheny-3，停止运营并裁员90％以上。
The decision follows an internal review indicating the trial was unlikely to meet its primary endpoint, not due to safety concerns. Consequently, the company plans to explore strategic options to enhance shareholder value, which may include acquisition, merger or other transactions.
该决定是在一项内部审查之后作出的，该审查表明该试验不太可能达到其主要终点，这不是出于安全考虑。因此，该公司计划探索战略选择以提高股东价值，其中可能包括收购、合并或其他交易。
Synlogic will significantly reduce its workforce, retaining only essential personnel for the strategic review and study discontinuation. Dr. Aoife Brennan, President and CEO, will depart along with the majority of the workforce.
Synlogic将大幅裁员，仅为战略审查和研究终止保留必要的人员。总裁兼首席执行官Aoife Brennan博士将与大多数员工一起离职。
According to data from Benzinga Pro, SYBX has a 52-week high of $14.29 and a 52-week low of $1.60.
根据Benzinga Pro的数据，SYBX的52周高点为14.29美元，52周低点为1.60美元。