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Why is Merus N V (MRUS) Stock down?

We've noticed a 6.20% decline in Merus N V (MRUS) stock during the 2024-11-15 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
04 Dec, 2023:

Merus N.V Stock (MRUS) dropped by 6.13% from $25.13 to $23.59 in the trading on Monday December 04, 2023. The reason why MRUS stock down today is due to the updated data for lung cancer therapy. While the bispecific antibody cocktail impressed with partial responses in both first-line and later-stage patients, a high rate of adverse events, including lung issues, left investors wheezing. Fourteen patients even quit the trial due to side effects, raising concerns that MCLA-129's efficacy might come at a steep safety cost. As investors weigh the pros and cons, MRUS stock is plummeting sharply during the trading.

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