Daily BriefsUnited States

Daily Brief United States: Gracell Biotechnologies Inc, General Mills and more

In today’s briefing:

  • Gracell Biotechnologies Inc (GRCL.US) – May Fail to Solve the Real Pain Points in CAR-T Field
  • General Mills: A Disappointing Quarter For Short-Term Investors And Speculators


Gracell Biotechnologies Inc (GRCL.US) – May Fail to Solve the Real Pain Points in CAR-T Field

By Xinyao (Criss) Wang

  • The latest data of GC012F/GC007g at ASCO/EHA drove up share price, but the current clinical data do not necessarily guarantee the final druggability. So, we advise investors to be rational.
  • Gracell’s pipeline may not solve the real pain points of CAR-T therapy. Until the global momentum of cell therapy is reversed, there’s no need to expect too much from Gracell.
  • Gracell’s stock price would continue to fluctuate with positive clinical data or progress. However, the liquidity of this stock isn’t good. In this situation, both ups and downs are meaningless. 

General Mills: A Disappointing Quarter For Short-Term Investors And Speculators

By Vladimir Dimitrov, CFA

  • General Mills has just reported its full fiscal year results and investors are not impressed.
  • Expectations of lower organic revenue growth and uncertainties around profitability would likely continue to weigh on the share price.
  • Long-term investors, however, could take advantage of this near-term dynamic while enjoying the higher dividend.

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