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Stock impact report

Is Nektar Therapeutics Still A Good Bet Despite The Correction? [Seeking Alpha]

Nektar Therapeutics (NKTR) 
Last nektar therapeutics earnings: 2/27 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.nektar.com/investor-relations
Company Research Source: Seeking Alpha
Summary Nektar Therapeutics (NASDAQ: NKTR ) is a clinical-stage biotech research company that develops drugs for cancer, auto-immune diseases, and chronic pain using its PEGylation and polymer conjugate technology platforms. Earlier in Feb 2018, Nektar secured a deal with Bristol-Myers Squibb (NASDAQ: BMY ) to co-develop NKTR-214, where BMY has agreed to pay $1.85 billion in a cash plus stock deal as payment to Nektar, as a result of which Nektar has not failed to leave investors’ radar. The drugmaker has been in the news lately, as it reported its worst one day fall in history at the beginning of June, falling around 42% and losing nearly $6 billion in market value. Here we use TipRanks data to take a closer look at what Wall Street’s top analysts see in store for this volatile stock. The massive fall in the S&P 500 stock came after the American Society of Clinical Oncology ( OTC:ASCO ) 2018 data presentation reported that patients diagnosed with melanoma aren’t respo Show less Read more
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