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Benzinga
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Why Is Arcus Biosciences Stock Trading Higher On Monday?

1. Arcus reported promising casdatifan data for metastatic ccRCC. 2. Confirmed overall response rate of 31% across 121 patients. 3. Median progression-free survival reached 12.2 months. 4. Data showed high patient disease control at 81%. 5. Stock increased by 7.87%, trading at $14.40.

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FAQ

Why Bullish?

The data demonstrates improved efficacy compared to existing treatments, historically positive trials boost stock prices.

How important is it?

Positive clinical results can significantly influence investor sentiment and market confidence.

Why Short Term?

Immediate interest in the new treatment data may catalyze stock movement quickly.

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