If you would like to learn more about this matter, you are encouraged visit, contact us at, or call Joshua Grabar at 26. The simple moving average for the last 20 days is 4.73 for FATE. On average, analysts rate FATE stock stock as a hold. The lowest target is 4.00 and the highest is 28. The volatility ratio for the week is 6.66, and the volatility levels for the past 30 days are at 6.53 for FATE. Fate Therapeutics Stock Forecast All Analysts Top Analysts Stock Price Forecast According to 16 stock analysts, the average 12-month stock price forecast for FATE stock stock is 8.56, which predicts an increase of 50.70. Specifically, the class action complaint alleges Defendants made false and/or misleading statements and/or failed to disclose that: (i) the Janssen Collaboration Agreement was less sustainable than Fate Therapeutics had represented to investors (ii) accordingly, certain of the clinical programs, milestone payments, and royalty payments associated with the Janssen Collaboration Agreement could not be relied upon as future revenue sources (iii) as a result, Fate Therapeutics had overstated the impact of the Janssen Collaboration Agreement's on Fate Therapeutics' long-term clinical and commercial profitability and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.Ĭurrent Fate Therapeutics shareholders who have held Fate Therapeutics stock since on or before April 2, 2020, can seek corporate reforms, the return of funds spent defending litigation back to the company, and a court approved incentive award, at no cost to them. (FATE) has seen a 7.36 rise in stock performance for the week, with a 1.25 gain in the past month and a -48.27 plunge in the past quarter. The underlying securities fraud class action complaint alleges that, throughout the Class Period (Apthrough January 5, 2023), Fate Therapeutics, through certain of its officers and directors, made materially false and misleading statements regarding the Company's business, operations, and compliance policies. On the news, Fate Therapeutics' stock price jumped 8.8% in trading on April 3, 2020. In addition, Fate Therapeutics was eligible for up to $3 billion in various milestone payments and double-digit royalties on any net sales from the collaboration. On April 2, 2020, Fate Therapeutics announced its entry into a global collaboration and option agreement with Janssen Biotech, Inc., one of the Janssen Pharmaceutical Companies of Johnson & Johnson, for cell-based cancer immunotherapies, under which Fate Therapeutics received a $50 million upfront payment. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. The investigation concerns whether certain officers of Fate Therapeutics have breached their fiduciary duties owed to the company. A high-level overview of Fate Therapeutics, Inc. ![]() ![]() May 8, 2023) - Grabar Law Office is investigating potential claims on behalf of Fate Therapeutics, Inc. Philadelphia, Pennsylvania-(Newsfile Corp.
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