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Stock impact report

ADMA Biologics (ADMA) Soars 11.6% as Firm Denies Short Seller Allegations [Yahoo! Finance]

ADMA Biologics Inc (ADMA) 
Last adma biologics inc earnings: 3/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.admabiologics.com
Company Research Source: Yahoo! Finance
ADMA Biologics snapped a five-day losing streak on Friday, soaring 11.58 percent to finish at $9.25 apiece after debunking a short seller report that criticized the company for allegedly issuing misleading information about its growth. In a statement, ADMA Biologics Inc. (NASDAQ:ADMA) denied Culper Research's criticism of the demand for Asceniv, saying that it has increased over the past two years based on distributor and customer data. Bicycle Therapeutics (BCYC) Appoints Travis Thompson as CFO Following Leadership Transitions Photo by Pietro Jeng on Pexels Additionally, it refuted claims of channel stuffing, saying that there was a “misunderstanding” as distributors must maintain a level of safety stock to ensure that patients prevent from missing treatments. ADMA Biologics Inc. (NASDAQ:ADMA) also said that its financial statements were clean and that independent auditors reviewed the books with an unqualified opinion. “ADMA is committed to leading a new age of manufact Show less Read more
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