Presbia up 15% [Seeking Alpha]
PRESBIA PLC ORDINARY SHARES (LENS)
Last presbia plc ordinary shares earnings: 8/10 04:31 pm
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US:NASDAQ Investor Relations:
investors.presbia.com/releases.cfm?view=all
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Source: Seeking Alpha
Presbia up 15%Thinly traded nano cap Presbia (LENS+15.3%) is up on lower-than-normal volume in early trade. No particular news accounts for the action, although it looks like the company will need a capital raise at some point.At the end of September 2017, it had $7.1M in cash and operations consumed $10.7M over the first three quarters of 2017. In December, it announced a realignment of strategic priorities and a cash infusion that it believed would be sufficient to fund operations through 2018.Q4 and 2017 results should be announced this monthPreviously:Presbia up big on heels of business reboot; shares ahead 150% (Dec. 19, 2017)See all stocks on the move »Now read:U.S. Orphan Drug roundup »
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