Worth Watching Stocks: ImmunoGen, Inc. (NASDAQ:IMGN), Kennametal Inc. (NYSE:KMT), Intersil Corp (NASDAQ:ISIL)

On Friday, Shares of ImmunoGen, Inc. (NASDAQ:IMGN), added 2.79% and closed at $2.21 in the last trading session. The last trading range of the stock ranges between $2.15 and $2.24.

ImmunoGen, Inc. (IMGN), a leader in the expanding field of antibody-drug conjugates (ADCs) for the treatment of cancer, recently declared new preclinical data that demonstrate the potential for improved activity when combining mirvetuximab soravtansine with immune checkpoint inhibition. These data will be presented at the Society for Immunotherapy of Cancer’s (SITC) 31st Annual Meeting, which is being held November 9-13 in National Harbor, Maryland.

Mirvetuximab soravtansine is a first-in-class folate receptor alpha (FRα)-targeting ADC and is entering a Phase 3 trial, FORWARD I, as a single agent treatment for platinum-resistant ovarian cancer. Mirvetuximab is also being assessed in combination regimens with Keytruda®, an immune checkpoint inhibitor, in addition to Doxil®, carboplatin and Avastin® for both platinum-resistant and platinum-sensitive ovarian cancer in the Phase 1b/2 FORWARD II trial. The Company anticipates initial data from FORWARD II in mid-2017.

Kennametal Inc. (NYSE:KMT), jumped 1.54% and closed at $34.22 in the last trading session. The last trading range of the stock ranges between $33.44 and $34.26. The company’s Market capitalization is $2.78 Billion with the total Outstanding Shares of 79.93 million. Kennametal Inc. (KMT) declared recently they will attend Global Mizuho Shareholder Conference on November 14, 2016 in New York City, NY.  Kelly Boyer, Vice President, Shareholder Relations, Sean Reilly, Director, Finance, Infrastructure Business Segment, and Andrew Demosthenous, Shareholder Relations Analyst will be attending. The presentation slides will be available on the company’s website, November 14, 2016.  Once on the homepage, select “About Us”, “Shareholder Relations” and then “Events”.

Intersil Corp (NASDAQ:ISIL), jumped 0.45% and closed at $22.08 in the last trading session. The last trading range of the stock ranges between $21.88 and $22.08.The company stock’s 52-week range is $10.67 – $22.76. Intersil Corporation (ISIL), a leading provider of innovative power administration and precision analog solutions, recently introduced two new USB-C™ buck-boost battery chargers that support bidirectional power delivery in ultrabooks, tablets, power banks and other mobile products. The single-chip ISL9238 and ISL9238A battery chargers replace competitive two-chip solutions to reduce customer bill of materials (BOM) costs by up to 40%. Both ICs employ Intersil’s patented R3™ modulation technology to extend battery life and deliver acoustic noise-free operation, superior light-load efficiency and ultra-fast transient response.

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