BUZZ-MBX Biosciences falls after executive shakeup

MBX Biosciences, Inc.

MBX Biosciences, Inc.

MBX

0.00

** Shares of drug developer MBX Biosciences MBX.O fall 2.6% to $58.49 after the bell

** MBX names insider Steve Hoerter as new chief executive officer, succeeding Kent Hawryluk

** Appoints John Smither, interim finance chief since March 2026, as new chief financial officer

** All leadership changes are effective immediately

** MBX stock has nearly doubled so far this year