Alert: Major Price Advance (12/17/24)-Prothena Corp Plc (NASDAQ: PRTA).

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Prothena Corp Plc (NASDAQ: PRTA) stock enjoyed a major increase of 11.3% on 12/17/24. The shares closed at $14.04. Moreover, trading volume in this advance was unusually high at 197% of normal. The stock has been extremely weak relative to the market over the last nine months and has declined -2.3% during the last week.

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Current PriceTarget Research Rating

Prothena has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Prothena has a neutral Appreciation Score of 59 but a very low Power Rating of 6, with the Negative Value Trend Rating the result.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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