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Stock impact report

Regenxbio (RGNX) Soars 6.4%: Is Further Upside Left in the Stock? [Yahoo! Finance]

REGENXBIO Inc. (RGNX) 
Last regenxbio inc. earnings: 2/26 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.regenxbio.com
Company Research Source: Yahoo! Finance
This compares to the stock's 19.4% loss over the past four weeks. Earlier this month, the company completed a successful pre-biologics license application (BLA) meeting with the FDA for its pipeline candidate, RGX-121, which is being developed for the treatment of Mucopolysaccharidosis Type II (MPS II). The company expects to initiate the submission of a rolling BLA in the third quarter of 2024. This might have driven the share price rally. This biotechnology company is expected to post quarterly loss of $1.29 per share in its upcoming report, which represents a year-over-year change of +22.3%. Revenues are expected to be $21.73 million, up 8.8% 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 earnings estimate revisions are strongly correlated with near-term stock price movements. For Regenxbio, the consensus EPS estimate for the quarter has been re Show less Read more
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