GLUE icon

Monte Rosa Therapeutics (GLUE)

NASDAQ

$17.76

-$0.73 (

-3.95%

)

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Market closed

GLUE: $17.76 / ₿ 0.0003 BTC / 26776 Sats

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Key statistics

$18.49
$3.50 - $25.77
$1.35B
3.22
$18.10
$1,972,616.15
76.24M
55.38
$15.00 - $26.00
$17.52 - $18.25
Yes

What is Monte Rosa Therapeutics (GLUE)?

Monte Rosa Therapeutics Inc is a biotechnology company that specializes in developing molecular glue degraders (MGDs), a class of small molecule drugs that leverage the body's natural protein destruction mechanisms to selectively degrade therapeutically-relevant proteins. Utilizing the QuEEN platform, the company employ artificial intelligence and proprietary experimental tools to identify target proteins for degradation by MGDs. With a diverse library of over 50,000 MGD molecules, their product candidate, MRT-2359, targets the translation termination factor protein GSPT1 for potential use in MYC-driven tumors. The company's focus lies in advancing its pipeline of MGDs, aiming to provide novel therapeutic modalities for various diseases.

The Monte Rosa Therapeutics (GLUE) stock price has been falling

The Monte Rosa Therapeutics, Inc. Common Stock (GLUE) stock price today is $17.76, reflecting a -3.95% move since the market opened. The company’s market capitalization stands at $1.35B, with a daily trading volume of $1.97M shares. For investors tracking price trends, Monte Rosa Therapeutics, Inc. Common Stock stock has ranged between $17.52 and $18.25 today. The previous closing price was $18.49.

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GLUE FAQs

GLUE is in the Healthcare sector. Sector is a broad classification that groups companies based on their business activities, industry focus or economic function.

GLUE is in the Biotechnology industry. Industry is a more specific classification within a sector, grouping companies that operate in a similar field and have closely related business models.

Over the past 52 weeks, Monte Rosa Therapeutics, Inc. Common Stock (GLUE) has traded between a low of $3.50 and a high of $25.77.

GLUE is in the Biotechnology industry group. Industry group is a further subdivision within an industry, grouping companies with even more closely related business models and operations. This helps investors analyze stocks at a more detailed level than sector and industry classifications alone.

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