Why Akari Therapeutics Stock Is Surging On Thursday?

benzinga_article
2026.05.14 16:04
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Akari Therapeutics PLC (NASDAQ:AKTX) shares surged on Thursday due to optimism surrounding its upcoming Q1 2026 earnings report and a new European patent for its PH1 ADC payload. Despite an expected loss of $2.80 per share, the company has beaten EPS estimates in the past three quarters. The European patent grants protection across 35 countries, enhancing Akari's proprietary platform aimed at disrupting cancer cell processes. Currently, the stock is trading at $3.23, down 94.17% over the past year, with key resistance at $5.47 and support at $3.02.