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Monday, September 26, 2022

Compass Pathways (CMPS) falls 4.34% on Strong Volume August 2

Compass Pathways Plc – ADR (NASDAQ: CMPS) shares fell 4.34%, or $1.54 per share, to close Monday at $33.94. After opening the day at $35.17, shares of Compass Pathways fluctuated between $35.51 and $33.80. 425,589 shares traded hands an increase from their 30 day average of 371,890. Monday’s activity brought Compass Pathways’s market cap to $1,355,235,434.

About Compass Pathways Plc – ADR

COMPASS Pathways plc is a mental health care company dedicated to accelerating patient access to evidence-based innovation in mental health. Its focus is on improving the lives of those who are suffering with mental health challenges and who are not helped by current treatments. It is pioneering the development of a new model of psilocybin therapy, in which its proprietary formulation of synthetic psilocybin, COMP360, is administered in conjunction with psychological support. COMP360 has been designated a Breakthrough Therapy by the US Food and Drug Administration (FDA), for treatment-resistant depression (TRD), and it is currently conducting a phase IIb clinical trial of psilocybin therapy for TRD, in 22 sites across Europe and North America. It is headquartered in London, UK, with offices in New York, USA. Its vision is a world of mental wellbeing.

Visit Compass Pathways Plc – ADR’s profile for more information.

About The Nasdaq Stock Market

The Nasdaq Stock Market is a global leader in trading data and services, and equities and options listing. Nasdaq is the world’s leading exchange for options volume and is home to the five largest US companies – Apple, Microsoft, Amazon, Alphabet and Facebook.

To get more information on Compass Pathways Plc – ADR and to follow the company’s latest updates, you can visit the company’s profile page here:
Compass Pathways Plc – ADR’s Profile
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Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

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