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Stock impact report

Zai Lab Limited (ZLAB) Surges 11.1%: Is This an Indication of Further Gains? [Yahoo! Finance]

Zai Lab Limited - American Depositary Shares (ZLAB) 
US:NASDAQ Investor Relations: zailaboratory.com/about/investors.php
Company Research Source: Yahoo! Finance
The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 8.4% gain over the past four weeks. The recent surge in Zai Lab's stock price is likely due to positive investor expectations surrounding the strong ongoing performance of its marketed drugs, Zejula (for ovarian cancer), Vyvgart (for generalized myasthenia gravis), and Nuzyra (for infectious diseases). Additionally, the company has a robust pipeline of investigational drugs in development for various other oncology, infectious disease, neuroscience, and autoimmune conditions. This company is expected to post quarterly loss of $0.72 per share in its upcoming report, which represents a year-over-year change of -1.4%. Revenues are expected to be $105.19 million, up 51.9% 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 cor Show less Read more
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