Cabaletta Bio is trading 10.1% up at $3.21, primarily as a biotech-sector rally lifts clinical-stage biotech stocks.
- No new company-specific announcement was identified on August 19, 2026.
- Moderna and Merck reported positive Phase 3 melanoma-vaccine results, including improved recurrence-free survival.
- The broader biotechnology ETF is up 3.73%, supporting stronger risk appetite across clinical-stage biotech stocks.