Werewolf Therapeutics Stock Stalls While HOWL Holds for Strategic Update
Werewolf Therapeutics shares traded near $0.45 Monday, close to a 52-week low, after entities tied to director Luke Evnin sold 141,106 shares under a preset plan, SEC filings show. The company remains under strategic review following a deal with Jazz Pharmaceuticals and repayment of K2 HealthVentures debt. Werewolf reported $46.5 million in cash as of March 31 but warned of “substantial doubt” about its ability to continue as a going concern.