Market ReactionThe market overreacted negatively to the lack of statistical significance in the interim analysis of the HARMONi-2 OS data, causing a sharp drop in SMMT shares.
Market VolatilitySignificant market confusion and volatility have caused the stock to give up most of the HARMONi-6 upside.
Statistical SignificanceThe market reacted negatively to the lack of statistical significance for the overall survival hazard ratio, leading to a significant drop in SMMT shares.