The Daily Biotech Pulse: Lilly Reorganizes Business Units In Neuroscience Focus, Helius Medical Spikes On Breakthrough Designation, Ra Medical Sells Dermatology Business
Here's a roundup of top developments in the biotech space over the last 24 hours:
Scaling The Peaks
(Biotech Stocks Hitting 52-week Highs Aug. 16)
Insmed Q2 EPS $(1.07) Misses $(0.85) Estimate, Sales $45.40M Beat $43.72M Estimate
Insmed (NASDAQ:INSM) reported quarterly losses of $(1.07) per share which missed the analyst consensus estimate of $(0.85) by 25.88 percent. This is a 67.19 percent decrease over losses of $(0.64) per share from the same
Earnings Scheduled For August 5, 2021
Companies Reporting Before The Bell
• OneSpaWorld Holdings (NASDAQ:OSW) is projected to report quarterly loss at $0.20 per share on revenue of $6.42 million.
The Daily Biotech Pulse: Pfizer’s Positive Readout, NRx Strikes R&D Collaboration With Mannkind, Cerus & Invitae Jump On Earnings
Here's a roundup of top developments in the biotech space over the last 24 hours.
Scaling The Peaks
(Biotech Stocks Hitting 52-week Highs Aug. 3)
The Week Ahead In Biotech: Mediwound, Provention FDA Decisions, IPOs, Pending Clinical Readouts In Focus
Biotech stocks reversed course and closed the week ended June 25 higher, thanks to the positive broader market sentiment.
64 Biggest Movers From Yesterday
Gainers
InnSuites Hospitality Trust (NYSE: IHT) shares jumped 82.6% to settle at $6.39 on Monday.
Mid-Afternoon Market Update: Dow Surges 125 Points; Trade Desk Shares Plunge
Toward the end of trading Monday, the Dow traded up 0.36% to 34,903 while the NASDAQ fell 2.16% to 13,456.73. The S&P also fell, dropping 0.58% to 4,208.02.