Why Synlogic (SYBX) Stock Is Down Nearly 50% Today
Why Synlogic (SYBX) Stock Is Down Nearly 50% Today
According to data from Benzinga Pro, SYBX has a 52-week high of $14.29 and a 52-week low of $1.60.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%.
週五下午，Synlogic Inc（納斯達克股票代碼：SYBX）股價下跌48.4％，至1.78美元，此前該公司宣佈將停產Synpheny-3，停止運營並裁員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.
該決定是在一項內部審查之後作出的，該審查表明該試驗不太可能達到其主要終點，這不是出於安全考慮。因此，該公司計劃探索戰略選擇以提高股東價值，其中可能包括收購、合併或其他交易。
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將大幅裁員，僅爲戰略審查和研究終止保留必要的人員。總裁兼首席執行官Aoife Brennan博士將與大多數員工一起離職。
According to data from Benzinga Pro, SYBX has a 52-week high of $14.29 and a 52-week low of $1.60.
根據Benzinga Pro的數據，SYBX的52周高點爲14.29美元，52周低點爲1.60美元。