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Mirum Pharmaceuticals (MIRM) Moves 5.1% Higher: Will This Strength Last?
Mirum Pharmaceuticals (MIRM) saw its shares increase by 5.1% due to higher than average trading volume, likely driven by positive developments in its phase III EXPAND study for Livmarli. Although revenue is expected to grow significantly, the consensus EPS estimate for the quarter has remained unchanged, and the stock currently holds a Zacks Rank #3 (Hold). Investors are advised to watch for trends in earnings estimate revisions to determine if the stock’s recent strength will continue.