Updated sentiment analysis on the "xbi stock price forecast" points to increased buying interest from retail investors after the ETF crossed its 50-day moving average. What's the thesis? Larimar expects to announce top-line data from a phase 2 trial of its Friedreich's ataxia (FA) candidate, CTI-1601 (nomlabofusp), in the first quarter of 2024. In addition to NSCLC, Instil Bio is exploring the potential of SYN2510 for treating triple-negative breast cancer (TNBC). A Phase 1b/2 trial in China is planned to evaluate SYN2510 in combination with chemotherapy for first-line TNBC patients, with the study expected to begin in 1H25. Analysts tracking the "xbi stock price forecast" highlight biotech’s defensive characteristics, with recent trading volumes indicating accumulation by hedge funds betting on FDA approval catalysts.