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Stock impact report

Strength Seen in Precision BioSciences (DTIL): Can Its 20.4% Jump Turn into More Strength? [Yahoo! Finance]

Precision BioSciences, Inc. (DTIL) 
Last precision biosciences, inc. earnings: 11/12 07:15 am Check Earnings Report
Company Research Source: Yahoo! Finance
This compares to the stock's 22.4% gain over the past four weeks. The sudden rise in the stock price can be attributed to the positive investor midset regarding the company's lead gene editing program PBGENE-HBV, currently in pre-clinical stage. Earlier this month, Precision Biosciences received feedback from the FDA and ex-U.S. agencies, which provided alignment and clarity on its final new drug-enabling preclinical plans and clinical strategy for PBGENE-HBV before advancement into phase I clinical studies. The company plans to file an investigational new drug application for the PBGENE-HBV program in 2024 for the chronic hepatitis B indication. This genome editing company is expected to post quarterly earnings of $3 per share in its upcoming report, which represents a year-over-year change of +138.4%. Revenues are expected to be $28.5 million, up 168.9% from the year-ago quarter. While earnings and revenue growth expectations are important in evaluating the potential strength Show less Read more
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