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0.0018458698661744 0.00461467466543599 0.00922934933087214 0.00276880479926159 0.0138440239963083 0.0184586986617443 0.0161513613290262 0.0119981541301337
Stock impact report

Why Iovance Stock Is Down 18% Today [Yahoo! Finance]

Iovance Biotherapeutics, Inc. (IOVA) 
Last iovance biotherapeutics, inc. earnings: 2/25 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: iovance.com
Company Research Source: Yahoo! Finance
The sell-off clearly suggests investors didn't like everything they heard. The knee-jerk response to the news, however, looks past a critical detail regarding the report. An irrelevant quarterly report Iovance Biotherapeutics did $715,000 worth of business during the three-month stretch ending in March, and lost $113 million (or $0.42 per share) in the process. While the loss was more or less in line with estimates, revenue fell short of analysts' average top-line expectations. Lost in the noise, however, is the fact that last quarter's numbers are largely irrelevant. For all intents and purposes, the company's business only began in the quarter currently underway. See, Iovance Biotherapeutics has spent the past several years developing and then refining the science of tumor-infiltrating lymphocytes (TIL). Lymphocytes are the human body's naturally occurring means of fighting off disease, including cancer. But sometimes our immune systems need a little help. Iovance's scienc Show less Read more
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