Is It Too Late to Buy ChemoCentryx Stock? [The Motley Fool]
ChemoCentryx, Inc. (CCXI)
Last chemocentryx, inc. earnings: 3/10 04:05 pm
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US:NASDAQ Investor Relations:
ir.chemocentryx.com
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Source: The Motley Fool
David Jagielski(TMFdjagielski)Author BioDavid Jagielski is a designated accountant and has spent 0+ years working in finance for small and large businesses in many different sectors. He has been writing for The Fool since 07. When he's not out hunting for cheap stocks or writing articles, odds are he's writing macros in Excel or reading history books.Key PointsBiotech stocks generating minimal revenue can make for very high-risk, high-reward investments. The approval of a key drug can instantly change a stock's fortunes. And that's what happened with drugmakerNASDAQ:CCXIThe U.S. Food and Drug Administration (FDA) granted approval for the company's autoimmune drug, avacopan, which instantly led to shares of ChemoCentryx more than doubling in value.For investors who didn't want to take on the risk heading into the FDA decision, the obvious question now is whether it's too late to invest in thehealthcare stockImage source: Getty ImagesWhy there could still be more upside left for the sto
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