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Pheton Holdings Ltd. Class A ( (PTHL) ) has shared an update.
On August 1, 2025, Pheton Holdings Ltd addressed recent market volatility and rumors concerning its stock price, which experienced an unexpected decline following a speculative article by The Bear Cave. The article falsely suggested a potential acquisition by Gilead Sciences, Inc., which Pheton categorically denied. The company plans to engage with regulatory bodies to hold accountable those responsible for spreading misinformation. Pheton remains committed to transparency, corporate governance, and long-term shareholder value, emphasizing its focus on operational execution and market integrity.
More about Pheton Holdings Ltd. Class A
Pheton Holdings Ltd, established in 1998, is a healthcare solution provider specializing in treatment planning systems for brachytherapy, a targeted radiation therapy used in cancer treatment. The company focuses on leveraging its products and services to establish a new standard of care across multiple malignant tumor applications.
Average Trading Volume: 1,632,636
Technical Sentiment Signal: Strong Sell
For an in-depth examination of PTHL stock, go to TipRanks’ Overview page.