Spectrum Pharmaceuticals shares slide 57% after lung cancer trial misses goals
December 26, 2019 at 13:37 PM EST
Shares of biopharmaceutical company Spectrum Pharmaceuticals Inc. slid more than 57% Thursday to mark their worst performance in 17 years, after the company said a mid-stage trial of a treatment for non-small cell lung cancer (NSCLC) missed its main goal.