Quince Therapeutics (QNCX) stock price jumps in premarket as strategic review keeps deal talk alive
Quince Therapeutics shares jumped about 48% to 78 cents in premarket trading Wednesday after the company hired LifeSci Capital to explore strategic alternatives and liability restructuring. The move follows a failed late-stage drug trial and the resignation of five board directors. The stock surged from 13 cents Monday to 52.8 cents Tuesday on heavy volume. Investors await further disclosures or a timeline for next steps.