(702) 683-8946

Monday - Friday 9am to 5pm



Our content delivery solution through CRWE WORLDCRWE Press Release and CRWE Tubegives corporations and businesses a vehicle to expand their exposure

Content Delivery Solution (Learn More)



CRWE Info ( CRWE.Info ) provides news and updates about Crown Equity Holdings Inc. and the CRWE World platform




Submit Your Press Release/News to the CRWE WORLD Network for $14.95! Increase Visibility, Boost Your Business


Promising Clinical Trial Updates and Earnings Reports Drive Stock Price Movements: PDS Biotechnology, eFFECTOR Therapeutics, Costco, and Gap

  • May 26th, 2023

PDS Biotechnology Corporation (Nasdaq: PDSB) and eFFECTOR Therapeutics, Inc. (Nasdaq: EFTR) shared promising interim data updates from their respective clinical trials, leading to significant stock price movements in after-hours trading. These developments highlight the potential for innovative treatments in the fight against cancer.

PDS Biotechnology announced encouraging interim data from the VERSATILE-002 (NCT04260126) Phase 2 clinical trial, which focused on investigating the combination of PDS0101 and Merck's (NYSE: MRK) anti-PD-1 therapy, KEYTRUDA (pembrolizumab), in patients with unresectable, recurrent, or metastatic human papillomavirus (HPV)16-positive head and neck cancer. The updated survival data from VERSATILE-002 suggests that the addition of PDS0101 to KEYTRUDA may improve the survival rates for the growing number of HPV16-positive head and neck cancer patients. 

Following this announcement, $PDSB experienced a significant increase in after-hours trading, reaching $8.86, which corresponds to a notable surge of 31.85%.

In a similar vein, eFFECTOR Therapeutics announced positive interim data updates from a Phase 2 expansion cohort that evaluated zotatifin combined with fulvestrant and abemaciclib (ZFA triplet) in patients with ER+ metastatic breast cancer. 

This news triggered a significant rise in $EFTR during after-hours trading, with the stock reaching $0.87, reflecting an impressive increase of 64.46%.

Turning our attention to the retail sector, Costco Wholesale Corporation (Nasdaq: COST) reported its third-quarter fiscal 2023 earnings per share (EPS) of $2.93, falling short of the consensus estimate of $3.29. Following this announcement, $COST experienced a slight decline in after-hours trading, with a decrease of 0.42% and reaching $484.50.

In contrast, The Gap, Inc. (NYSE: GPS) announced its first-quarter fiscal 2023 adjusted EPS of $0.01, defying expectations of a loss of $0.16 per share according to consensus estimates. This positive surprise delighted investors, leading to a significant surge in $GPS during after-hours trading. The stock experienced an impressive increase of 13.75%, reaching $8.44.


THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)

Social Shares

Post Your Comments