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Stoke Therapeutics, Inc. - $STOK STOCK NEWS

Welcome to our dedicated page for Stoke Therapeutics news (Ticker: $STOK), a resource for investors and traders seeking the latest updates and insights on Stoke Therapeutics stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Stoke Therapeutics's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Stoke Therapeutics's position in the market.

Rhea-AI Summary

Stoke Therapeutics (STOK) reported positive data supporting the potential of STK-001 as a disease-modifying medicine for Dravet syndrome. The company plans a randomized, controlled study update in late 2024. Recent financial results revealed $178.6 million in cash, with $120.3 million added from a public offering.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.25%
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-
Rhea-AI Summary

Stoke Therapeutics, Inc. (Nasdaq: STOK) appoints Thomas Leggett as Chief Financial Officer, replacing Stephen Tulipano. Leggett, with over 20 years of experience in biotechnology and investment banking, will lead the financial strategy and operations, overseeing the company's growth and development.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.43%
Tags
management
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Rhea-AI Summary
Stoke Therapeutics appoints Jason Hoitt as Chief Commercial Officer, bringing over 20 years of experience in commercial strategies for rare diseases. Mr. Hoitt will lead the global commercial strategy for STK-001, a potential disease-modifying medicine for Dravet syndrome. His appointment aims to drive growth and prepare for the registrational study of STK-001.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.86%
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management
Rhea-AI Summary
Stoke Therapeutics, Inc. (STOK) to present at the 23rd Annual Needham Virtual Healthcare Conference. The presentation will focus on upregulating protein expression with RNA-based medicines. Live webcast available on the company's website. Replay accessible for 30 days.
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Rhea-AI Sentiment
End-of-Day
1.64%
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conferences
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Rhea-AI Summary
Stoke Therapeutics, Inc. announces the pricing of an upsized public offering, aiming to raise $125 million through the sale of common stock and pre-funded warrants.
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End-of-Day
-4.73%
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Rhea-AI Summary
Stoke Therapeutics, Inc. (STOK) announces a proposed underwritten public offering to raise up to $75 million through the sale of common stock. The company plans to use the proceeds for research, clinical development, manufacturing of product candidates, and general corporate purposes.
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Rhea-AI Sentiment
End-of-Day
37.71%
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Rhea-AI Summary
Stoke Therapeutics, Inc. reported financial results for the full year ended December 31, 2023, with $201.4 million in cash, cash equivalents, and marketable securities expected to fund operations until 2025. Revenue for 2023 was $8.8 million, net loss was $104.7 million, research and development expenses were $82.2 million, and general and administrative expenses were $41.3 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
58.31%
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-
Rhea-AI Summary
Stoke Therapeutics (STOK) announces positive data from Phase 1/2a studies of STK-001 for Dravet syndrome treatment, showing substantial reductions in convulsive seizure frequency and cognitive improvements. The company plans to discuss registrational study design with regulatory agencies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
58.31%
Tags
none
-
Rhea-AI Summary
Stoke Therapeutics, Inc. (Nasdaq: STOK) has granted stock options to 2 new employees, totaling 13,300 shares of common stock, with an exercise price of $4.99 per share. Each option will vest over a 4-year period, with 1/4th of the shares vesting on the one-year anniversary and the remaining shares vesting monthly over the following 36 months, subject to continued employment.
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Rhea-AI Sentiment
End-of-Day
1.04%
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none
Rhea-AI Summary
Stoke Therapeutics, Inc. (STOK) announces strategic priorities and anticipated milestones for 2024, including data anticipated in Q1 2024 from studies of STK-001 for the treatment of Dravet syndrome, end of Phase 1/2a study results, OLE data from patients receiving ongoing treatment, and pending Phase 3 planning meetings with regulators. As of September 30, 2023, the company had $214.7 million in cash, cash equivalents, and marketable securities, anticipated to fund operations to the end of 2025.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.14%
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none
Stoke Therapeutics, Inc.

Nasdaq:STOK

STOK Rankings

STOK Stock Data

604.59M
35.46M
4.64%
88.08%
10.69%
Pharmaceutical Preparation Manufacturing
Manufacturing
Link
United States of America
BEDFORD

About STOK

stoke is developing antisense oligonucleotide medicines that target rna splicing to increase gene expression for the treatment of severe genetic diseases.