Akero Therapeutics

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Open: 14.5 Close: 15.62 Change: 1.12

The unbelievably easy way to evaluate Akero Therapeutics: Use an AI.

The game is changing. There is a new strategy to evaluate Akero Therapeutics fundamental value, possible risks and most salient advantages. Investors have traditionally relied in reading large amounts of text to evaluate the fundamental value of a stock or company. However, the development of Artificial Intelligence (AI) tools is modifying the way investments are evaluated in markets. Today, machine learning, natural language processing and bigdata allow making this process automatic, reducing large amounts of text to the elements that have a higher activation in a neural network. We programmed an artificial intelligence that reads the whole internet and the uses natural language processing and vectorizers to summarize the information. Usually, the AI reads several hundred pages and summarize it to a short document. This document presents our results. We found that the most common words in the internet about Akero Therapeutics are: Akero, Therapeutics, quarter, company, disease, grow, stake, …

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Stock Summary

Akero Therapeutics, Inc. engages in the development of transformational treatments for patients with serious metabolic diseases. The company was formerly known as Pippin Pharmaceuticals, Inc..

Today's Summary

Akero Therapeutics stock crashed 65% on Tuesday: what happened? Akero Therapeutics is a clinical-stage company developing transformational treatments for patients with serious metabolic diseases including NASH, a disease without any approved therapies. Akero Therapeutics reported a net loss of $39.7 million for the third quarter of 2023, compared to $35.5 million for same period in 2022. HC Wainwright lowered their FY2023 earnings per share estimates. Teacher Retirement System of Texas grew its stake in Akero Therapeutics by 3.8% during the 4th quarter. Metropolitan Life Insurance Co NY grew its. stake in the company by 21.4% during 4th. quarter.

Today's News

Akero Therapeutics stock crashed 65% on Tuesday: what happened? Akero Therapeutics is a clinical-stage company developing transformational treatments for patients with serious metabolic diseases including NASH, a disease without any approved therapies. Akero Therapeutics reported a net loss of $39.7 million for the third quarter of 2023, compared to $35.5 million for same period in 2022. HC Wainwright lowered their FY2023 earnings per share estimates. Teacher Retirement System of Texas grew its stake in Akero Therapeutics by 3.8% during the 4th quarter. Metropolitan Life Insurance Co NY grew its. stake in the company by 21.4% during 4th. quarter.

Stock Profile

"Akero Therapeutics, Inc., a clinical-stage company, engages in the development of transformational treatments for patients with serious metabolic diseases, including non-alcoholic steatohepatitis (NASH), a disease without any approved therapies. Its lead product candidate is efruxifermin (EFX), an analog of fibroblast growth factor 21, which protects against cellular stress and regulates metabolism of lipids, carbohydrates, and proteins throughout the body. The company is also conducting a Phase 2b clinical trial to evaluate EFX in the treatment of biopsy-confirmed NASH patients. The company was formerly known as Pippin Pharmaceuticals, Inc. and changed its name to Akero Therapeutics, Inc. in May 2018. Akero Therapeutics, Inc. was incorporated in 2017 and is headquartered in South San Francisco, California."

Keywords

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