Kite Pharma (KITE) volatility at 104 into lymphoma drug trial meets primary endpoint

September 27, 2016 6:10 AM EDT

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Kite Pharma (NASDAQ: KITE) is recently up $7.52 to $62.50 in the premarket after the cancer researcher reported data from an early analysis of its lead drug candidate KTE-C19, which met its goal of meaningfully shrinking tumors. Option implied volatility index mean is at 104, compared to its 52-week range of 51 to 117, according to Livevol.

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