Seeking Alpha

Coronado Biosciences slides on possible Summer Street bear call

  • Coronado Biosciences (CNDO -4.5%) is trading notably lower on the session.
  • The move may be attributable to a bearish note out of Summer Street.
  • Just a guess: There may be skepticism around the company's lead product candidate TSO which is in Phase 2 testing for Crohn's disease and ulcerative colitis.
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