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Save your seatKYTX ran from roughly $6.80 in mid May to $9.40 later that month after it initiated a rolling biologics license application submission for miv-cel in stiff person syndrome.
The stock has the potential to go down if it loses $8.00 and fails to reclaim it, which could open a retrace toward $7.00 to $7.50. Any delay in the biologics license application path or another equity raise would likely speed up that move.
If KYTX holds the $8.00 to $8.25 support zone, a move back toward $10 to $11 is on the table as the rolling submission story stays in play. Resistance at $9.40 is the first hurdle.
We don't currently have information about Kyverna Therapeutics Inc.'s earnings.