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Psychedelic Stocks Trip Up After FDA Advisors Reject MDMA For PTSD Treatment - ATAI Life Sciences (NASDAQ:ATAI), Cybin (AMEX:CYBN)

FDA panel rejects MDMA therapy for PTSD, citing lack of evidence for benefits outweighing risks. Psychedelic stocks take a hit, with CYBN, MNMD, and ATAI down. FDA not bound by decision. ....

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Cybin's (CYBN) Buy Rating Reaffirmed at HC Wainwright

HC Wainwright reissued their buy rating on shares of Cybin (NYSE:CYBN – Free Report) in a research report report published on Thursday, Benzinga reports. The brokerage currently has a $5.00 price objective on the stock. HC Wainwright also issued estimates for Cybin’s FY2029 earnings at $0.26 EPS. Cybin Stock Down 0.6 % NYSE:CYBN opened at […] ....

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