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Stock impact report

Xoma (XOMA) Soars 15.6%: Is Further Upside Left in the Stock? [Yahoo! Finance]

XOMA Corporation (XOMA) 
Last xoma corporation earnings: 3/10 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: investors.xoma.com/investor-relations
Company Research Source: Yahoo! Finance
This compares to the stock's 11.5% loss over the past four weeks. The company has been doing well with its extensive and growing portfolio of assets, defined as the right to receive potential future payments related to the advancement of an underlying therapeutic candidate. Earlier this month, the company received a milestone payment of $8.1 million from Viracta Therapeutics, related to Day One Biopharmaceuticals' sale of its Priority Review Voucher to an undisclosed buyer. This might have driven the share price rally. This drug developer is expected to post quarterly loss of $0.26 per share in its upcoming report, which represents a year-over-year change of +55.9%. Revenues are expected to be $8.12 million, up 389.2% from the year-ago quarter. While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Show less Read more
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