MoonLake Immunotherapeutics (NASDAQ: MLTX) has reportedly engaged an investment bank as the Swiss company looks for a potential sale.
The company focuses on developing antibody-derived treatments for inflammatory skin conditions.
U.S. stocks traded lower toward the end of trading, with Dow Jones dropping over 150 points on Tuesday.
The Dow traded down 0.50% to 34,129.29while the NASDAQ fell 0.16% to 13,668.76 The S&P 500, also fell, dropping, 0.33% to 4,395.20.
U.S. stocks traded lower midway through trading, with Dow Jones dropping over 300 points on Tuesday.
The Dow traded down 0.96% to 33,969.42 while the NASDAQ fell 0.74% to 13,588.13. The S&P 500, also fell, dropping, 0.80% to 4,374.24.