Why Are Palatin Technologies (PTN) Shares Spiking After-Hours?

Benzinga_recent_news12-11

Palatin Technologies Inc. (NYSEAMERICAN: PTN) shares surged 8.41%, reaching $27.77 in after-hours trading on Wednesday. Check out the current price of PTN stock here. According to Benzinga Pro data, ...

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(NYSEAMERICAN: PTN) shares surged 8.41%, reaching $27.77 in after-hours trading on Wednesday.\nCheck out the current price of PTN stock here.\nAccording to Benzinga Pro data, ...</p>\n\n<a href=\"https://www.benzinga.com/markets/equities/25/12/49325529/why-are-palatin-technologies-ptn-shares-spiking-after-hours\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4122","symbol_name":"互联网与直销零售","start_time":0,"source_url":"https://www.benzinga.com/markets/equities/25/12/49325529/why-are-palatin-technologies-ptn-shares-spiking-after-hours","article_id":"2590593797","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2025/12/11/Stock-Market-Trading-Graph-And-Candlesti_0.jpeg?optimize=medium&dpr=2&auto=webp&width=240"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/markets/equities/25/12/49325529/why-are-palatin-technologies-ptn-shares-spiking-after-hours","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2590593797","pubTimestamp":1765437600,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Palatin Technologies shares rose in after-hours trading as Janus Henderson Group and its subsidiary reported shared ownership of the company's stock.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4122":"互联网与直销零售","BK4200":"专卖店","BQ":"波奇宠物","BK4139":"生物科技","PTN":"Palatin Technologies Inc"},"translate_title":"为什么Palatin Technologies(PTN)股价盘后飙升？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BQ":1,"PTN":1.5},"content_text":"Palatin Technologies Inc. (NYSEAMERICAN: PTN) shares surged 8.41%, reaching $27.77 in after-hours trading on Wednesday.\nCheck out the current price of PTN stock here.\nAccording to Benzinga Pro data, the stock closed on Wednesday at $25.62, down 6.84%.\nJanus Henderson Group plc filed a Schedule 13G, a report for passive investors holding more than 5% of a company’s stock, with the Securities and Exchange Commission. \nDated Nov. 28 and signed on Monday, the filing shows the firm owns 170,097 shares representing 9.99% of Palatin’s common stock.\nThe total includes pre-funded and common warrants exercisable within 60 days, subject to a 9.99% beneficial ownership limitation.\nSee Also: Shares Of Chinese Online Pet-Focused Platform Boqii (BQ) Spiked 32% After Hours: Here’s Why\nOf the total holdings, Janus Henderson Biotech Innovation Master Fund Ltd, a subsidiary of Janus Henderson Group, holds 118,196 shares representing 6.6% of the class. \nAccording to the SEC filing, both entities report shared voting and dispositive power over their holdings, with no sole voting or dispositive authority.\nThe filing also states that an additional 8,562 pre-funded warrants, 182,000 Series J common warrants, and 182,000 Series K common warrants are excluded from the reported figures due to the ownership cap.\nKristin Mariani, Head of North America Compliance and Chief Compliance Officer of the New Jersey-based biopharmaceutical company, signed the filing.\nPalatin Technologies' stock has seen a dramatic turnaround, rebounding 388% over the past six months despite a 60.58% decline year to date.\nThe company has a market capitalization of $45.77 million and a 52-week trading range of $7.25 to $72.50.\nAccording to Benzinga's Edge Stock Rankings, PTN stock has a positive trend across every time frame. Here is how the stock fares on other parameters.\nRead Next:\nPhoto Courtesy: ST House Studio on Shutterstock.com\nDisclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2590593797","isCrawlerRequest":true}