Novocure (NVCR) Shares Surge on Positive Pancreatic Cancer Therapy Results

Dec 02, 2024

Medical device manufacturer Novocure Ltd. (NVCR, Financial) experienced a significant stock price increase, climbing as much as 42% at one point. This marked the largest intraday gain since January 2023. The stock's rise was attributed to promising research outcomes for its cancer treatment, Tumor Treating Fields, which achieved its primary endpoint in treating pancreatic cancer. As the trading session progressed, the stock's gain narrowed to 29.3%, with shares priced at $25.92.

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