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Summit Therapeutics PLC

29.13

-0.1900-0.65%

Post-market: 29.01-0.1217-0.42%19:56 EDT

Volume:3.90M

Turnover:115.25M

Market Cap:21.63B

PE:-85.79

High:30.98

Open:29.05

Low:28.61

Close:29.32

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Overview Company News Filings

U.K. New Car Sales Fell in February for Fifth Consecutive Month, SMMT Says

Stock Track | Summit Therapeutics Soars 5.14% as Goldman Initiates Coverage with Buy Rating on Promising Drug

Merck Slips 8% in a Month: Should You Buy, Hold or Sell the Stock?

Summit Therapeutics Initiated at Buy by Goldman Sachs

Goldman starts Summit Therapeutics with a Buy on ivonescimab potential

Summit Therapeutics Inc. (SMMT): Among the Stocks That Will Go to the Moon According to Analysts

Why Summit Therapeutics Inc. (SMMT) Went Down On Monday?

Stock Track | Summit Therapeutics' Stock Plummets 5.04% on Disappointing Ivonescimab Trial Updates

Summit Incurs In-Line Q4 Loss, Inks Collaboration Deal With Pfizer

Q4 2024 Summit Therapeutics Inc Earnings Call

Thomson Reuters StreetEvents

Summit Therapeutics Inc (SMMT) Q4 2024 Earnings Call Highlights: Strong Financial Position and ...

BUZZ-Summit Therapeutics falls on wider Q4 loss, deal expectations from investors

Top Midday Decliners

MT Newswires Live

Sector Update: Health Care Stocks Gain Monday Afternoon

MT Newswires Live

Is Summit Therapeutics (SMMT) One of the Best Growth Stocks to Invest In According to Analysts?

BUZZ-U.S. STOCKS ON THE MOVE-BioMarin, Azul, Sun Communities

Summit Therapeutics Shares Down as 4Q Loss Widens

Stock Track | Summit Therapeutics Stock Plunges 5.02% on Monday Amid Clinical Trial Collaboration News

BUZZ-U.S. STOCKS ON THE MOVE- Twilio, Bath & Body Works, Wingstop

Sector Update: Health Care Stocks Flat to Higher Pre-Bell Monday

MT Newswires Live

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rose 19.3%, while battery electric vehicle registrations rose 41.7%, the SMMT said.Battery electric vehicles took a 25.3% share of the market in February, which means its is currently running behind the U.K. government's requirement of 28% for this year, the SMMT said.The increase in EV sales during the month is unsurprising considering upcoming tax changes in April, whi","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["SMMT"],"gpt_icon":0},{"id":"1154305961","title":"Stock Track | Summit Therapeutics Soars 5.14% as Goldman Initiates Coverage with Buy Rating on Promising Drug","url":"https://stock-news.laohu8.com/highlight/detail?id=1154305961","media":"Stock Track","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1154305961?lang=en_us&edition=fundamental","pubTime":"2025-02-28 23:28","pubTimestamp":1740756509,"startTime":"0","endTime":"0","summary":"Summit Therapeutics PLC  witnessed a surge of 5.14% during the intraday trading session on Friday, reflecting the positive sentiment following Goldman Sachs' initiation of coverage on the stock.Goldman Sachs analyst Salveen Richter initiated coverage on Summit Therapeutics with a Buy rating and a price target of $42. The analyst is optimistic about the potential of Summit's lead drug candidate, ivonescimab, which is currently undergoing clinical trials for the treatment of Duchenne muscular dyst","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":"Stock Track | Summit Therapeutics Soars 5.14% as Goldman Initiates Coverage with Buy Rating on Promising Drug","news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["SMMT"],"gpt_icon":0},{"id":"2516797613","title":"Merck Slips 8% in a Month: Should You Buy, Hold or Sell the Stock?","url":"https://stock-news.laohu8.com/highlight/detail?id=2516797613","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516797613?lang=en_us&edition=fundamental","pubTime":"2025-02-28 21:45","pubTimestamp":1740750300,"startTime":"0","endTime":"0","summary":"Merck MRK stock has declined 7.8% in the past month — in roughly the span after it announced fourth-quarter 2024 results and provided a disappointing guidance for 2025.On Feb. 4, Merck announced its fourth-quarter and full-year 2024 results. While the drug giant beat estimates for both earnings and sales, its financial outlook for 2025, provided along with the earnings release, fell short of investor expectations.Sales of human papillomavirus vaccine, Gardasil, which is Merck’s second largest product, declined 17% in the fourth quarter due to weak demand trends in China. Sales of new pulmonary arterial hypertension drug, Winrevair, also missed estimates.The decline in Merck’s stock price post-earnings has left investors confused about whether to buy, hold or sell MRK stock. Let’s understand the company’s strengths and weaknesses to better analyze how to play Merck’s stock.Merck's phase III pipeline has almost tripled over the past three years, positioning it well to launch several new ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/merck-slips-8-month-buy-134500549.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["IE00B19Z3B42.SGD","LU2129689514.USD","SG9999001440.SGD","SMMT","LU1061106388.HKD","LU0345769128.USD","LU1291159041.SGD","MRK","LU1059921491.USD","BK4592","LU0106261372.USD","IE00BGHQF631.EUR","LU2488822045.USD","LU0122379950.USD","LU1066053197.SGD","LU0792757196.USD","LU2592432038.USD","BK4581","BK4139","BK4550","LU0795875086.SGD","LU0466842654.USD","LU1674673428.USD","LU1974910355.USD","LU1989772840.SGD","IE00BN8TJ469.HKD","LU1032955483.USD","IE00BJJMRZ35.SGD","IE00BVYPNV92.GBP","LU2361044949.HKD","IE000M9KFDE8.USD","IE00B3PB1722.GBP","LU1244550577.SGD","LU1244550494.USD","LU1267930813.SGD","LU2430703095.HKD","LU0882574055.USD","BK4504","BK4532","LU1066051225.USD","IE0009355771.USD","LU0889566641.SGD","SGXZ57979304.SGD","LU1037948541.HKD","LU0320765646.SGD","SG9999014542.SGD","LU0965509010.AUD","JNJ","LU0640476718.USD"],"gpt_icon":1},{"id":"2514321524","title":"Summit Therapeutics Initiated at Buy by Goldman Sachs","url":"https://stock-news.laohu8.com/highlight/detail?id=2514321524","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514321524?lang=en_us&edition=fundamental","pubTime":"2025-02-28 21:15","pubTimestamp":1740748500,"startTime":"0","endTime":"0","summary":"Ratings actions from Benzinga: https://www.benzinga.com/quote/SMMT/analyst-ratings \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 28, 2025 08:15 ET (13:15 GMT)","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4139","LU2237443382.USD","LU2471134796.USD","BK4127","LU1868836757.USD","BK4504","IE0034235188.USD","LU2471134952.CNY","BK4211","LU2750360997.AUD","BK4588","LU2471134879.HKD","BK4533","IE00BFXG1179.USD","LU2237438978.USD","IE0004086264.USD","LU1868836914.USD","IE00B19Z3B42.SGD","LU2471134523.USD","LENZ","LU1868837300.USD","BK4516","IE0002270589.USD","LU2237443465.HKD","LU2750360641.GBP","LU1791807156.HKD","LU2237443895.HKD","IE00BSNM7G36.USD","LU0096364046.USD","LU2237443549.SGD","LU2488822045.USD","LU0061475181.USD","LU1668664300.SGD","LU2237443978.SGD","LU2237443622.USD","IE0004091025.USD","LU1868836591.USD","BK4552","SMMF","SMMT","IE00B19Z3581.USD","BK4585","BK4550","LU0106831901.USD","LU1868837136.USD"],"gpt_icon":0},{"id":"2514340398","title":"Goldman starts Summit Therapeutics with a Buy on ivonescimab potential","url":"https://stock-news.laohu8.com/highlight/detail?id=2514340398","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514340398?lang=en_us&edition=fundamental","pubTime":"2025-02-28 19:21","pubTimestamp":1740741665,"startTime":"0","endTime":"0","summary":"Goldman Sachs analyst Salveen Richter initiated coverage of Summit Therapeutics (SMMT) with a Buy rating and $42 price target a Summit’s lead bispe...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/goldman-starts-summit-therapeutics-with-a-buy-on-ivonescimab-potential?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/goldman-starts-summit-therapeutics-with-a-buy-on-ivonescimab-potential?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4504","LU1868836757.USD","BK4552","IE00BSNM7G36.USD","LU2237443382.USD","LU2471134879.HKD","LU2750360641.GBP","IE0004091025.USD","LU0061475181.USD","LU2237443549.SGD","IE0004086264.USD","LU1868837136.USD","SMMT","LU2471134796.USD","BK4516","LU1668664300.SGD","IE00B19Z3581.USD","LU1868836591.USD","LU2237443895.HKD","LU2750360997.AUD","LU0106831901.USD","LU1791807156.HKD","BK4533","SMMF","LU2237438978.USD","LU0096364046.USD","LENZ","LU2237443622.USD","LU2488822045.USD","BK4550","LU2471134523.USD","BK4139","LU2237443978.SGD","IE00BFXG1179.USD","BK4127","BK4585","LU1868836914.USD","BK4588","IE00B19Z3B42.SGD","IE0002270589.USD","LU2471134952.CNY","LU1868837300.USD","BK4211","IE0034235188.USD","LU2237443465.HKD"],"gpt_icon":0},{"id":"2514336793","title":"Summit Therapeutics Inc. (SMMT): Among the Stocks That Will Go to the Moon According to Analysts","url":"https://stock-news.laohu8.com/highlight/detail?id=2514336793","media":"Insider Monkey","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514336793?lang=en_us&edition=fundamental","pubTime":"2025-02-28 02:14","pubTimestamp":1740680072,"startTime":"0","endTime":"0","summary":"We recently compiled a list of the 15 Stocks That Will Go to The Moon According to Analysts.In this article, we are going to take a look at where Summit Therapeutics Inc.  stands against the other stocks.While stocks initially fell based on worries regarding Trump tariffs on America’s major trading partners, major indexes recovered from their initial losses as the President delayed tariffs on Mexico. He agreed to a 30-day pause on tariffs on Mexico and Canada in return for the two countries bolstering border enforcement to halt fentanyl smuggling and money laundering.Reuters reported that Trump raising tariffs on steel and aluminum imports to a flat 25% pushed up share prices of US steelmakers. The chaos around tariffs doesn’t end here. According to CNN, the President is looking to pursue more tariffs. Trump has been keen on reciprocal tariffs and wants agencies to investigate plans for new reciprocal tariffs that would increase America’s revenue. He reiterated this keenness saying:. “","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/summit-therapeutics-inc-smmt-among-181432743.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU2488822045.USD","USAW.SI","USJW.SI","SMMT","TSYW.SI","BK4139",".IXIC","MNQmain","NQmain","QID","SQQQ","TQQQ","NVIW.SI","QLD","PSQ"],"gpt_icon":1},{"id":"2514019060","title":"Why Summit Therapeutics Inc. (SMMT) Went Down On Monday?","url":"https://stock-news.laohu8.com/highlight/detail?id=2514019060","media":"Insider Monkey","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514019060?lang=en_us&edition=fundamental","pubTime":"2025-02-26 00:17","pubTimestamp":1740500270,"startTime":"0","endTime":"0","summary":"We recently published a list of 10 Stocks Drop The Most Amid Investor Caution. In this article, we are going to take a look at where Summit Therapeutics Inc.  stands against other stocks that drop the most amid investor caution.Wall Street kicked off the first trading day of the week on a sour note, with all the major indices closing mixed as investors chose to stay on the sidelines while waiting for further updates on key economic news, including trade tariffs and government spending, among others.The Dow Jones was the sole gainer among all major indices, eking out a 0.08-percent gain. In contrast, the S&P 500 and the tech-heavy Nasdaq both fell 0.50 percent and 1.21 percent, respectively.Meanwhile, we have compiled a list of 10 companies that mirrored the broader market downturn and detailedthe reasons behind their drop.To come up with Monday’s worst performers, we considered only the stocks with $2 billion in market capitalization and $5 million in daily trading volume.READ NEXT: 20","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/why-summit-therapeutics-inc-smmt-161750837.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["IE00B19Z3581.USD","BK4581","LU1066053197.SGD","LU1894683348.USD","IE00BLSP4239.USD","SG9999001176.USD","LU0170899867.USD","BK4585","SG9999002232.USD","LU0306807586.USD","LU0456855351.SGD","LU1057294990.SGD","LU1066051498.USD","IE00B19Z3B42.SGD","BK4534","SG9999011175.SGD","PFE","LU0321505439.SGD","LU1883839398.USD","LU0122379950.USD","BK4599","SG9999001176.SGD","LU0225771236.USD","SG9999013999.USD","LU0306806265.USD","BK4592","LU0225284248.USD","SGXZ57979304.SGD","BK4550","SMMT","BK4007","IE0002270589.USD","LU1894683264.USD","LU0868494617.USD","BK4568","LU0985481810.HKD","BK4139","LU0289739699.SGD","LU0234572021.USD","IE00BLSP4452.SGD","LU1023059063.AUD","LU2488822045.USD","IE000M9KFDE8.USD","LU0321505868.SGD","SG9999003800.SGD","BK4533","BK4588","IE00BBT3K403.USD","SG9999002224.SGD","LU0058720904.USD"],"gpt_icon":1},{"id":"1195441251","title":"Stock Track | Summit Therapeutics' Stock Plummets 5.04% on Disappointing Ivonescimab Trial Updates","url":"https://stock-news.laohu8.com/highlight/detail?id=1195441251","media":"Stock Track","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1195441251?lang=en_us&edition=fundamental","pubTime":"2025-02-25 23:16","pubTimestamp":1740496599,"startTime":"0","endTime":"0","summary":"Summit Therapeutics PLC's  stock plummeted 5.04% in the pre-market trading session on Tuesday after the company provided updates on its key clinical trials involving Ivonescimab, its lead investigational candidate targeting PD-1 and VEGF.During the company's fourth quarter and full-year 2024 earnings call, Summit shared details on the progress of its ongoing global Phase III trials for Ivonescimab. While the company highlighted several milestones achieved, including completing enrollment for the","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":"Stock Track | Summit Therapeutics' Stock Plummets 5.04% on Disappointing Ivonescimab Trial Updates","news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["SMMT"],"gpt_icon":0},{"id":"2514016525","title":"Summit Incurs In-Line Q4 Loss, Inks Collaboration Deal With Pfizer","url":"https://stock-news.laohu8.com/highlight/detail?id=2514016525","media":"Zacks","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514016525?lang=en_us&edition=fundamental","pubTime":"2025-02-25 21:36","pubTimestamp":1740490560,"startTime":"0","endTime":"0","summary":"Summit Therapeutics SMMT reported fourth-quarter 2024 loss per share of 8 cents, in line with the Zacks Consensus Estimate. In the year-ago period, the company incurred a loss of 5 cents per share.The reported loss included stock-based compensation expenses. Excluding these expenses, the adjusted loss per share was 7 cents, wider than the year-ago adjusted loss of 4 cents.As the company lacks any marketed product in its portfolio, it did not record quarterly revenues.See the Zacks Earnings Calendar to stay ahead of market-making news.Post the announcement, shares of Summit fell nearly 15% on Monday as some investors did not appreciate the widening of the quarterly loss compared to the year-ago period.Year to date, the stock has gained nearly 6%, outperforming the industry’s breakeven growth.Adjusted general and administrative expenses amounted to $7.7 million, up 45% year over year.As of Dec. 31, 2024, Summit had cash, cash equivalents and short-term investments worth $412.3 million co","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/summit-incurs-line-q4-loss-133600281.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4585","LU2089984988.USD","LU0058720904.USD","LU2468319806.SGD","IE00B1BXHZ80.USD","LU0234572021.USD","SG9999015341.SGD","SG9999014542.SGD","SMMF","LU0170899867.USD","BK4568","LU2112291526.USD","IE0002270589.USD","BK4139","LU0306807586.USD","LU0985320562.USD","LU1037948897.HKD","LU2361045086.USD","LU0238689110.USD","LU1934455863.HKD","LU0225771236.USD","LU1571399168.USD","LU0208291251.USD","LU1162221912.USD","LU2023250504.SGD","SG9999011175.SGD","IE00BJJMRZ35.SGD","LU1093756168.USD","LU0211331839.USD","SMMT","LU0456855351.SGD","SG9999002232.USD","PFE","LU0985481810.HKD","LU0320765646.SGD","LU0203345920.USD","LU1917777945.USD","IE00BSNM7G36.USD","IE00BFTCPJ56.SGD","LU0006306889.USD","SG9999015358.SGD","BK4599","LU1983299246.USD","LU0265550359.USD","LU0321505868.SGD","LU0266013472.USD","SG9999014559.SGD","IE00BBT3K403.USD","BK4550"],"gpt_icon":1},{"id":"2514685680","title":"Q4 2024 Summit Therapeutics Inc Earnings Call","url":"https://stock-news.laohu8.com/highlight/detail?id=2514685680","media":"Thomson Reuters StreetEvents","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514685680?lang=en_us&edition=fundamental","pubTime":"2025-02-25 16:56","pubTimestamp":1740473803,"startTime":"0","endTime":"0","summary":"Dave Gancarz; Chief Business & Strategy Officer; Summit Therapeutics Inc. Robert Duggan; Executive Chairman of the Board, Co-Chief Executive Officer; Summit Therapeutics Inc. Mahkam Zanganeh; President, Co-Chief Executive Officer, Director; Summit Therapeutics Inc. Manmeet Soni; Chief Operating Officer, Chief Financial Officer, Director; Summit Therapeutics Inc. Good morning, and welcome to Summit Therapeutics fourth quarter and year-end 2024 earnings and update Call. . Please note that today's call is being recorded. . At this time, I would like to turn the call over to Dave Gancarz, Summit Therapeutics' Chief Business and Strategy Officer. You may proceed.Thank you, Dave. Good morning, everyone, and thank you for joining us today. I am very pleased with recent accomplishments of Team Summit and the accelerating positive information and enthusiasm surrounding Ivonescimab, our lead investigational asset. In Q4 of last year and to date in 2025, we have reached several meaningful milesto","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/q4-2024-summit-therapeutics-inc-085643659.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["SMMF","SMMT","LENZ","PFE"],"gpt_icon":0},{"id":"2514905616","title":"Summit Therapeutics Inc (SMMT) Q4 2024 Earnings Call Highlights: Strong Financial Position and ...","url":"https://stock-news.laohu8.com/highlight/detail?id=2514905616","media":"GuruFocus.com","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514905616?lang=en_us&edition=fundamental","pubTime":"2025-02-25 15:01","pubTimestamp":1740466895,"startTime":"0","endTime":"0","summary":"Cash Position: Approximately $412 million at the end of 2024.Debt Status: Debt-free as of the end of 2024.GAAP R&D Expenses: $150.8 million for the full year 2024, up from $59.4 million in the previous year.Non-GAAP R&D Expenses: $134.8 million for the full year 2024, compared to $55 million in the previous year.Acquired In-Process R&D Expenses: $15 million for 2024, down from $520.9 million in the previous year.GAAP G&A Expenses: $60.5 million for the full year 2024, compared to $30.3 million in the previous year.Non-GAAP G&A Expenses: $25.5 million for the full year 2024, compared to $20.6 million in the prior year.Non-GAAP Operating Expenses: $175.3 million for the full year 2024, down from $596.5 million in the previous year.GuruFocus has detected 1 Warning Sign with SMMT.Summit Therapeutics Inc  announced a clinical trial collaboration with Pfizer to evaluate Ivonescimab in combination with multiple Pfizer antibody drug conjugates in unique solid tumor settings.Q: What is the expe","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/summit-therapeutics-inc-smmt-q4-070135164.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["PFE","SMMT"],"gpt_icon":1},{"id":"2514511770","title":"BUZZ-Summit Therapeutics falls on wider Q4 loss, deal expectations from investors","url":"https://stock-news.laohu8.com/highlight/detail?id=2514511770","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514511770?lang=en_us&edition=fundamental","pubTime":"2025-02-25 03:23","pubTimestamp":1740425013,"startTime":"0","endTime":"0","summary":"BUZZ-Summit Therapeutics falls on wider Q4 loss, deal expectations from investors Updates** Shares of drug developer Summit Therapeutics SMMT.O fall 12.6% to $19.33** Company reports fourth-quarter ne","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250224:nL3N3PF17D:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4599","SG9999011175.SGD","LU0321505868.SGD","SG9999001176.SGD","LU0122379950.USD","IE00BBT3K403.USD","SG9999013999.USD","BK4139","IE00BLSP4239.USD","IE0002270589.USD","BK4585","LU1023059063.AUD","LU0234572021.USD","LU0289739699.SGD","LU0985481810.HKD","SGXZ57979304.SGD","SG9999002224.SGD","LU1066053197.SGD","BK4533","LU0170899867.USD","SG9999003800.SGD","BK4007","LU1894683348.USD","SG9999001176.USD","BK4592","LU1066051498.USD","LU2488822045.USD","SG9999002232.USD","BK4534","LU0306807586.USD","BK4581","LU0225771236.USD","BK4568","LU0225284248.USD","LU0321505439.SGD","LU0306806265.USD","LU1894683264.USD","LU0868494617.USD","SMMT","IE00BLSP4452.SGD","IE00B19Z3B42.SGD","LU0058720904.USD","BK4588","LU1057294990.SGD","LU1883839398.USD","BK4550","IE00B19Z3581.USD","IE000M9KFDE8.USD","LU0456855351.SGD"],"gpt_icon":1},{"id":"2514377734","title":"Top Midday Decliners","url":"https://stock-news.laohu8.com/highlight/detail?id=2514377734","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514377734?lang=en_us&edition=fundamental","pubTime":"2025-02-25 02:55","pubTimestamp":1740423334,"startTime":"0","endTime":"0","summary":"Target Hospitality  shares slumped 44% amid heavy trading after the company said Monday it received a notice from the US government that it plans to discontinue the current Pecos Children's Center services agreement with Target's nonprofit partner.Intraday trading volume soared to over 9.3 million shares from a daily average of about 489,000.Invivyd  said Monday that the US Food and Drug Administration rejected its request to expand the existing emergency use authorization for Pemgarda to include treatment of mild-to-moderate COVID-19 in immunocompromised adults and adolescents.Shares slid 23% as intraday trading volume stood at over 11.7 million compared with the stock's daily average of about 14.8 million.Summit Therapeutics  shares dropped 13% after the company reported a Q4 non-GAAP net loss of $0.07 per diluted share, widening from a loss of $0.04 a year earlier.More than 4.74 million shares traded intraday versus its daily average of roughly 2.23 million.Price: 5.25, Change: -4.1","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4139","LU2488822045.USD","TH","BK4142","IVVD","SMMT"],"gpt_icon":0},{"id":"2514777806","title":"Sector Update: Health Care Stocks Gain Monday Afternoon","url":"https://stock-news.laohu8.com/highlight/detail?id=2514777806","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514777806?lang=en_us&edition=fundamental","pubTime":"2025-02-25 02:52","pubTimestamp":1740423127,"startTime":"0","endTime":"0","summary":"Health care stocks were higher Monday afternoon, with the NYSE Health Care Index rising 0.9% and the Health Care Select Sector SPDR Fund  climbing 1%.The iShares Biotechnology ETF  advanced 0.4%.In corporate news, Amgen  will invest an initial $200 million this year in its new technology center in southern India, Reuters reported, citing Chief Executive Robert Bradway. Amgen confirmed the plans in a statement sent to MT Newswires, saying that the investment would back the acceleration of its digital capabilities through AI and data science. Amgen shares rose 2.3%.Invivyd  sank 24% after the firm said the US Food and Drug Administration rejected its request to expand the existing emergency use authorization for Pemgarda to include treatment of mild-to-moderate COVID-19 in immunocompromised persons.Summit Therapeutics  shares fell 13% following its Q4 results.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["LU1983299246.USD","LU1023059063.AUD","BK4585","IE0009355771.USD","XLV","BK4534","LU0889565916.HKD","LU1061106388.HKD","IE00BJJMRZ35.SGD","AMGN","BK4139","LU0122379950.USD","SMMT","IE00BFTCPJ56.SGD","SG9999001440.SGD","IE0002141913.USD","LU0289739699.SGD","BK4599","BK4588","IE00BJT1NW94.SGD","LU1057294990.SGD","LU2112291526.USD","LU0109394709.USD","IE00B2B36J28.USD","BK4581","LU2242652126.USD","BK4533","LU0868494617.USD","IVVD","IE00B4R5TH58.HKD","LU1571399168.USD","LU0058720904.USD","LU2242646821.SGD","LU2488822045.USD","LU0320765992.SGD","BK4566","IBB"],"gpt_icon":0},{"id":"2514744387","title":"Is Summit Therapeutics (SMMT) One of the Best Growth Stocks to Invest In According to Analysts?","url":"https://stock-news.laohu8.com/highlight/detail?id=2514744387","media":"Insider Monkey","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514744387?lang=en_us&edition=fundamental","pubTime":"2025-02-25 01:43","pubTimestamp":1740419039,"startTime":"0","endTime":"0","summary":"We recently published a list of 12 Best Growth Stocks to Invest In According to Analysts. In this article, we are going to take a look at where Summit Therapeutics Inc.  stands against other best growth stocks to invest in according to analysts.Companies experiencing above-average earnings growth, which is often fueled by innovations and market expansions, are known as growth stocks. However, investing in them requires more than just chasing their rising share prices. These companies typically command higher valuations than their peers, which reflects investor confidence in their future potential. While they offer the prospect of substantial returns, they also come with heightened volatility and are susceptible to economic pressures like inflation and supply chain disruptions. Despite recent market fluctuations, periods of decline can present strategic entry points for long-term investors.The overall discussion underscored the importance of diversification in investment strategies amid","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/summit-therapeutics-smmt-one-best-174359239.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["PSQ","USAW.SI","NQmain","TSYW.SI","QLD","MNQmain","SMMT","NVIW.SI","USJW.SI","BK4139",".IXIC","TQQQ","QID","LU2488822045.USD","SQQQ"],"gpt_icon":1},{"id":"2513733767","title":"BUZZ-U.S. STOCKS ON THE MOVE-BioMarin, Azul, Sun Communities","url":"https://stock-news.laohu8.com/highlight/detail?id=2513733767","media":"Reuters","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2513733767?lang=en_us&edition=fundamental","pubTime":"2025-02-24 23:46","pubTimestamp":1740412013,"startTime":"0","endTime":"0","summary":"BUZZ-U.S. STOCKS ON THE MOVE-BioMarin, Azul, Sun Communities Eikon search string for individual stock moves: STXBZThe Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: h","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250224:nL3N3PF15L:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ABR","BCRX","AGIO","GFI","PODD","SMCI","LU0594300419.USD","HE","LU0823434740.USD","LU2750360997.AUD","NKE","AXSM","TRDA","DPZ","U","YYAI","LU0823397103.USD","LU1769817179.HKD","OC","IVVD","GOOS","CEG","XYZ","BMRN","AMRX","AU","LU1778281490.HKD","LU1981816686.USD","PDD","ZH","PLTR","BRDG","TWLO","IE00B775H168.HKD","LU0198837287.USD","TUYA","CTAS","LU2756315318.SGD","SMMT","LU0345770993.USD","MACW.SI","HOOD","BBWI","AAPL","SUI","WING","ARMK","FDP","AZUL","CRL"],"gpt_icon":0},{"id":"2513477353","title":"Summit Therapeutics Shares Down as 4Q Loss Widens","url":"https://stock-news.laohu8.com/highlight/detail?id=2513477353","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2513477353?lang=en_us&edition=fundamental","pubTime":"2025-02-24 23:19","pubTimestamp":1740410340,"startTime":"0","endTime":"0","summary":"Summit Therapeutics shares fell after the company reported a wider loss in the fourth quarter.The biopharmaceutical oncology company reported a loss of $61.2 million, or 8 cents a share, compared with a loss of $36.6 million, or 5 cents a share a year earlier.Expenses also rose. Adjusted operating expenses came to $54.8 million from $27.7 million.Additionally, Summit Therapeutics plans to work with Pfizer to study its  promising cancer drug candidate ivonescimab and Pfizer's antibody drug conjugates in solid tumors.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["IE00BBT3K403.USD","BK4599","LU0170899867.USD","LU1066051498.USD","SG9999002224.SGD","LU0289739699.SGD","LENZ","LU1057294990.SGD","BK4534","SMMF","LU0306806265.USD","LU1883839398.USD","LU1894683348.USD","SG9999001176.SGD","IE000M9KFDE8.USD","SMMT","BK4592","LU0985481810.HKD","LU0122379950.USD","IE00BLSP4452.SGD","BK4211","BK4588","SG9999013999.USD","BK4581","SG9999002232.USD","LU0306807586.USD","IE00B19Z3B42.SGD","LU1023059063.AUD","SGXZ57979304.SGD","SG9999011175.SGD","LU0234572021.USD","LU1066053197.SGD","BK4585","SG9999001176.USD","LU1894683264.USD","BK4533","BK4568","LU0058720904.USD","LU0868494617.USD","SG9999003800.SGD","IE00B19Z3581.USD","IE00BLSP4239.USD","LU0225284248.USD","LU0321505868.SGD","BK4139","LU0321505439.SGD","LU2488822045.USD","BK4007","BK4550"],"gpt_icon":1},{"id":"1127859648","title":"Stock Track | Summit Therapeutics Stock Plunges 5.02% on Monday Amid Clinical Trial Collaboration News","url":"https://stock-news.laohu8.com/highlight/detail?id=1127859648","media":"Stock Track","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1127859648?lang=en_us&edition=fundamental","pubTime":"2025-02-24 22:33","pubTimestamp":1740407620,"startTime":"0","endTime":"0","summary":"Summit Therapeutics Inc.  saw its shares plummet by 5.02% in Monday's pre-market trading session. The biopharmaceutical company's stock movement can be attributed to the following key developments:. Summit announced a clinical trial collaboration with Pfizer to evaluate its investigational drug ivonescimab in combination with several of Pfizer's antibody drug conjugates  for the treatment of multiple solid tumors. Under the agreement, Summit will provide ivonescimab for the proposed studies, whi","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["SMMT"],"gpt_icon":0},{"id":"2513722885","title":"BUZZ-U.S. STOCKS ON THE MOVE- Twilio, Bath & Body Works, Wingstop","url":"https://stock-news.laohu8.com/highlight/detail?id=2513722885","media":"Reuters","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2513722885?lang=en_us&edition=fundamental","pubTime":"2025-02-24 22:25","pubTimestamp":1740407154,"startTime":"0","endTime":"0","summary":"BUZZ-U.S. STOCKS ON THE MOVE-Twilio, Bath & Body Works, WingstopEikon search string for individual stock moves: STXBZThe Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call 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Care Stocks Flat to Higher Pre-Bell Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=2513724103","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2513724103?lang=en_us&edition=fundamental","pubTime":"2025-02-24 22:14","pubTimestamp":1740406493,"startTime":"0","endTime":"0","summary":"Health care stocks were flat to higher pre-bell Monday, with the iShares Biotechnology ETF  inactive and The Health Care Select Sector SPDR Fund  up 0.3%.Invivyd  shares were down past 28% after the company said the US Food and Drug Administration rejected its request to expand the existing emergency use authorization for Pemgarda to include treatment of mild-to-moderate COVID-19 in immunocompromised adults and adolescents.Summit Therapeutics  stock was over 5% higher after the company said it will collaborate with Pfizer  on a set of clinical trials to evaluate ivonescimab, its investigational drug, in combination with several Pfizer 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