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Stock impact report

Precision BioSciences (DTIL) Surges 6.1%: Is This an Indication of Further Gains? [Yahoo! Finance]

Precision BioSciences, Inc. (DTIL) 
Last precision biosciences, inc. earnings: 11/12 07:15 am Check Earnings Report
Company Research Source: Yahoo! Finance
This compares to the stock's 11.8% loss over the past four weeks. The sudden rise in the stock price can be attributed to the positive investor mindset regarding the potential of Precision BioSciences' clinical-stage pipeline. In late September, the company submitted clinical trial applications across multiple geographies to initiate an early-stage study evaluating its lead gene therapy program, PBGENE-HBV, designed to potentially cure chronic hepatitis B virus. DTIL is also gearing up to submit additional regulatory applications as part of its global phase I regulatory strategy for PBGENE-HBV. This genome editing company is expected to post quarterly loss of $0.79 per share in its upcoming report, which represents a year-over-year change of +73.7%. Revenues are expected to be $8.5 million, down 35.2% from the year-ago quarter. Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in ea Show less Read more
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