Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of 4D Molecular Therapeutics, Inc. (“4D” or “the Company”) (NASDAQ: FDMT). Investors who purchased 4D securities are encouraged to obtain additional information and assist the investigation.
The investigation concerns whether 4D has violated federal securities laws.
Investigation Details
On July 17, 2024, 4D announced what it described as “positive initial interim 24-week landmark data from the Population Extension cohort of the PRISM Phase 2 Clinical Trial, which evaluated intravitreal 4D-150 in a broad wet AMD patient population.” Notwithstanding the Company’s positive characterization of the trial results, analysts were quick to raise questions, noting among other things that certain features of the trial “complicate [the] results in a broader population despite prior efficacy signals in more severe patients.” As investors reacted to the significance of the trial results, 4D’s stock price fell $11.61 per share, or 43.4%, over the following two trading sessions, to close at $15.14 per share on July 18, 2024.
What’s Next?
If you are aware of any facts relating to this investigation or purchased 4D securities, you can assist this investigation. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.
FDMT — Stock Performance
About Bronstein, Gewirtz & Grossman, LLC
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