May. 11 at 6:37 PM
$IDYA WHY the Lag Exists
Several factors explain why the stock hasn't yet priced in the full upside despite bullish data:
Topline ≠ Full Data: The April 13 release was just topline PFS data. The ASCO presentation on June 1 will deliver depth-of-response, subgroup analyses, durability, and safety granularity — details that regulators and physicians need, and that drive NDA filings.
"Buy the rumor, sell the news" risk: Some traders may have taken gains after the April 13 pop, creating a reset opportunity before ASCO
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