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Summit Therapeutics stock is up a remarkable 700% this year. When a stock gets red hot, its share price can sometimes soar to unsustainable levels as euphoria ends up taking over.
Incorporated in November 1990, JG Summit Holdings was founded by John Gokongwei Jr., one of the wealthiest individuals in Southeast Asia. [2] In 2010, JGSHI was one of the ten most profitable companies on the Philippine Stock Exchange .
Kapoor's target price reflects an upside potential for Summit of over 100%. The average price target for Summit is roughly 52% above the current share price. The company is evaluating its ...
In November 1990, Gokongwei incorporated JG Summit Holdings was floated as a publicly listed holding company on the Manila Stock Exchange. In March 1996, his airline, Cebu Pacific Air began operations. In 2010, the airline underwent major refleeting with a $3 billion order with Airbus.
The risks associated with buying Summit today are fairly typical for a biotech at its stage of development. The clinical trials could fail, harming the stock price. But because Akeso paved the way ...
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Summit Therapeutics (NASDAQ: SMMT) stock got a real shot in the arm Friday with the initiation of coverage by a veteran financial services company. Jefferies, in the person of analyst Hangfei Fu ...
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