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CytomX soars after saying CX-904 update coming next week

Shares of CytomX Therapeutics rallying after the company announced it will provide an initial CX-904 Phase 1a clinical data update on May 8 when reporting its Q1 results. The data update is being viewed by the market as sooner than expected. Shares of CytomX are up 98%, or $1.60, to $3.23 in premarket trading.

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