Adicet Bio Shares Halted Ahead of Data Readout That May Steer ACET
Adicet Bio shares closed at $8.30 Friday, up 5.2%, before U.S. markets shut for Memorial Day. Investors await Phase 1 data for prula-cel in lupus nephritis and systemic lupus erythematosus, expected by mid-2026. The company reported a Q1 net loss of $20.2 million and held $137.6 million in cash as of March 31. Trading resumes Tuesday.