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Benzinga
Benzinga
Business
Dylan Berman

Compass Pathways Stock Is Plunging Today: What's Going On?

Compass Compass Pathways CMPS
Trading,Chart,Displayed,On,The,Screen,Of,The,Laptop.,Stock

COMPASS Pathways Plc (NASDAQ:CMPS) stock is trading lower on Monday. The company announced it reached its primary endpoint in the ongoing Phase 3 COMP005 trial, but results may have not met lofty investor expectations.

What To Know: The study evaluated COMP360, a single-dose treatment consisting of a synthetic, proprietary formulation of psilocybin, for people with treatment-resistant depression.

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