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Stock impact report

Strength Seen in Aquestive Therapeutics (AQST): Can Its 16.0% Jump Turn into More Strength? [Yahoo! Finance]

Aquestive Therapeutics, Inc. (AQST) 
Last aquestive therapeutics, inc. earnings: 3/11 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.aquestive.com/investor-relations
Company Research Source: Yahoo! Finance
This compares to the stock's 93% gain over the past four weeks. The sudden surge in the stock price can be attributed to Aquestive's announcement regarding achieving the primary and secondary endpoints in the two-part phase III pivotal pharmacokinetic clinical study of Anaphylm (epinephrine) Sublingual Film to treat severe allergic reactions, including anaphylaxis. The stock price surge was also likely boosted by findings from the FDA Type C meeting. The company expects to file a new drug application for Anaphylm to treat this indication by the end of 2024. This specialty pharmaceutical company is expected to post quarterly loss of $0.09 per share in its upcoming report, which represents a year-over-year change of -181.8%. Revenues are expected to be $12.47 million, up 12% 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 Show less Read more
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