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Stock impact report

Is It Too Late to Buy Iovance Biotherapeutics Stock? [Yahoo! Finance]

Iovance Biotherapeutics, Inc. (IOVA) 
Last iovance biotherapeutics, inc. earnings: 2/25 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: iovance.com
Company Research Source: Yahoo! Finance
Iovance stock would go on to reach share price highs of more than $18. Today, however, the stock trades at less than half that price. And in just three months, it has fallen by more than 40% as the hype surrounding the business appears to have evaporated. Is it too late to invest in Iovance, or could the best be yet to come for this promising healthcare company The stock peaked after it obtained accelerated approval for Amtagvi On Feb. 16, the Food and Drug Administration (FDA) granted accelerated approval for Iovance's cell therapy treatment, Amtagvi (lifileucel), to treat advanced melanoma. It marked the first time regulators approved a one-time individualized T-cell therapy for treating a solid tumor cancer. The following day, the stock would jump by more than 31% and within two weeks reach its 52-week high of $18.33. It's not uncommon for a biotech stock to soar on such a positive development, as it gives investors hope for the company's long-term prospects for generating Show less Read more
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