NOTV and APLT Top After-Hours Biotech Gains; ALMS, TELA, CORT, and BRTX Also Show Progress
Biotech Gains in After-Hours Trading: Several small-cap biotech companies saw significant stock price increases in after-hours trading, driven by earnings updates and regulatory news.
Inotiv, Inc. Performance: Inotiv, Inc. experienced a 36.61% surge to $0.94 after announcing preliminary Q4 and full-year 2025 revenue projections, recovering from a prior decline.
Applied Therapeutics and Alumis Updates: Applied Therapeutics rose 16.89% following a positive earnings report, while Alumis advanced 7.09% despite a wider Q3 net loss, supported by collaboration income.
Regulatory Developments for BioRestorative: BioRestorative Therapies gained 8.06% after announcing a meeting with the FDA to discuss a potential accelerated pathway for its treatment of chronic lumbar disc disease.
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- Lawsuit Deadline: ClaimsFiler reminds investors that those who purchased Corcept shares between October 31, 2024, and December 30, 2025, must file lead plaintiff applications by April 21, 2026, to protect their rights in the class action lawsuit.
- FDA Response Letter: On December 31, 2025, Corcept disclosed that the FDA issued a Complete Response Letter regarding its New Drug Application, citing insufficient evidence of effectiveness, which caused the stock price to plummet by 50.4%, from $70.20 to $34.80, directly impacting investor confidence.
- Legal Allegations: The lawsuit alleges that Corcept and certain executives failed to disclose material information during the class period, violating federal securities laws, which could lead to significant financial losses for investors and raise further concerns about the company's transparency.
- Investor Support: ClaimsFiler offers a free service to help investors access information about securities class actions, ensuring they can timely submit claims, reflecting a commitment to protecting investor rights.
- Lawsuit Timeline: Investors who purchased Corcept Therapeutics (NASDAQ: CORT) common stock between October 31, 2024, and December 30, 2025, should be aware of the April 21, 2026, lead plaintiff deadline to participate in the class action and potentially receive compensation.
- Fee Arrangement: Investors joining the class action will incur no out-of-pocket costs, as attorney fees will be covered through a contingency fee arrangement, which reduces financial burdens and encourages broader participation.
- Law Firm Advantage: The Rosen Law Firm specializes in securities class actions and has recovered over $438 million for investors in 2019 alone, demonstrating its success and resource advantages in handling such cases.
- FDA Regulatory Risks: The lawsuit alleges that Corcept failed to adequately disclose FDA concerns regarding clinical evidence when submitting its New Drug Application, resulting in investor losses when the truth emerged, highlighting significant regulatory compliance risks for the company.
- FDA Response Impact: On December 31, 2025, Corcept disclosed that the FDA issued a Complete Response Letter for its new drug application, causing a 50% drop in share price, highlighting the direct impact of regulatory approvals on the company's financial health.
- Market Reaction Intensifies Losses: On January 30, 2026, the market reacted strongly to a corrected CRL, indicating that the FDA had previously raised concerns about the adequacy of the clinical development program, leading to another significant decline in share price, reflecting a crisis of trust among investors regarding company transparency.
- Legal Investigation Initiated: Johnson Fistel is investigating whether Corcept complied with federal securities laws, and if violations are found, it may recover losses for investors, underscoring the importance of legal action in protecting investor rights.
- Investor Rights Protection: Johnson Fistel, a nationally recognized shareholder rights law firm, has recovered approximately $90.725 million for clients, emphasizing its effectiveness in securities litigation and commitment to investor advocacy.
- FDA Rejection: On December 31, 2025, Corcept announced that the FDA issued a Complete Response Letter (CRL) declining to approve its New Drug Application (NDA) for relacorilant, citing insufficient evidence of effectiveness, which led to a 50.42% drop in stock price to $34.80, highlighting significant regulatory risks impacting the company's valuation.
- Stock Price Volatility: Following the FDA's rejection, Corcept's stock plummeted by $35.40, reflecting a pessimistic market sentiment regarding the company's future prospects and severely undermining investor confidence in its drug development capabilities, potentially affecting future financing and R&D initiatives.
- Class Action Initiated: Investors have filed a class action lawsuit due to purchasing Corcept stock between October 31, 2024, and December 30, 2025, alleging that the company made misleading statements and failed to disclose FDA concerns about its clinical development program, which may expose investors to greater losses.
- Legal Implications: Investors must file their motions by April 21, 2026, to be appointed as lead plaintiffs in the class action, indicating that the legal risks faced by the company could further damage its market reputation and shareholder trust, increasing future compliance costs.
- Lawsuit Background: Hagens Berman has filed a class action lawsuit against Corcept Therapeutics and its executives, alleging that they misled investors about the regulatory status of relacorilant, resulting in significant investor losses during the period from October 31, 2024, to December 30, 2025.
- Concealed FDA Warnings: The lawsuit claims that while Corcept publicly asserted that relacorilant was approaching approval, the FDA had warned them multiple times that their clinical data was inadequate, which management allegedly chose to ignore.
- Stock Price Plummet: On December 31, 2025, Corcept's stock price collapsed from $70.20 to $34.80 following the receipt of a Complete Response Letter (CRL) from the FDA, erasing over $3.6 billion in market value and severely impacting investor confidence.
- Legal Consequences and Deadline: Investors must apply to be lead plaintiffs by April 21, 2026, or risk losing their opportunity for recovery, highlighting the potential long-term implications of the lawsuit on the company's future.
- Lawsuit Deadline: Investors must file lead plaintiff applications for the Corcept securities class action by April 21, 2026, concerning trades made between October 31, 2024, and December 30, 2025, highlighting investor concerns over potential losses.
- Disclosure Failures: Corcept and its executives are accused of failing to disclose material information during the class period, violating federal securities laws, which severely undermined investor confidence in the company's new drug application.
- Stock Price Plunge: Following the December 31, 2025 disclosure of the FDA's Complete Response Letter regarding its new drug application, Corcept's stock price plummeted by 50.4%, from $70.20 to $34.80, indicating a pessimistic outlook from the market on the company's future prospects.
- Legal Consultation Opportunity: Investors can contact Kahn Swick & Foti to understand their legal rights and how to participate in the lawsuit, reflecting a strong demand among investors for recovering economic losses.










