Biotech stocks declined for the second straight week amid a broader market pullback, along with earnings news from small- and micro-cap companies and presentations at multiple conferences.
Here's a roundup of top developments in the biotech space over the last 24 hours.
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Scaling The Peaks
(Biotech Stocks Hitting 52-week Highs Sept. 30)
Shares of Athersys (NASDAQ:ATHX) increased in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share were unchanged 0.00% over the past year to ($0.10), which were in line with the estimate of ($0.10).
Athersys (NASDAQ:ATHX) reported quarterly losses of $(0.10) per share which met the analyst consensus estimate. This is unchanged from the same period last year.
Companies Reporting Before The Bell
• Privia Health Group (NASDAQ:PRVA) is projected to report quarterly loss at $1.57 per share on revenue of $215.17 million.