Apollomics (NASDAQ:APLM) Trading Up 1% – Time to Buy?

Apollomics, Inc. (NASDAQ:APLMGet Free Report)’s share price shot up 1% on Thursday . The company traded as high as $6.00 and last traded at $5.95. 5,262 shares were traded during trading, a decline of 95% from the average session volume of 97,842 shares. The stock had previously closed at $5.89.

Apollomics Stock Performance

The company’s 50 day moving average price is $7.03 and its 200-day moving average price is $9.58.

Apollomics Company Profile

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Apollomics, Inc, a clinical-stage biopharmaceutical company, engages in the discovery and development of oncology therapies to harness the immune system and target specific molecular pathways to eradicate cancer. The company’s products portfolio includes Vebreltinib (APL-101), an oral active, highly selective c-Met inhibitor, which is in Phase 2 clinical trials for treatment of non-small cell lung cancer; APL-102, an oral active, small molecule Multiple Tyrosine Kinase Inhibitor, which is in a in a Phase 1 clinical trial to inhibit various kinases that are aberrantly activated in cancer cells; and APL-122, a tumor inhibitor candidate, targeting ErbB1/2/4 signaling pathwaysthat is in Phase 1 dose escalation clinical trials to treat cancers within the brain.

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