Here's Why Puma Biotechnology Inc. Is Sinking Today [The Motley Fool]
Puma Biotechnology Inc (PBYI)
Last puma biotechnology inc earnings: 2/20 04:07 pm
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Source: The Motley Fool
The Nerlynx launch might not be progressing as well as it seems on the surface. Cory Renauer ( TMFang4apples ) May 10, 2018 at 1:06PM What happened Shares of Puma Biotechnology Inc. ( NASDAQ:PBYI ) , a cancer-focused biotech, are sinking following a first-quarter earnings report issued after the bell yesterday. By all accounts, it was a solid quarter for the company's first commercial-stage product, but concerns for Nerlynx's future pushed the stock down 17.3% as of 11:27 a.m. EDT on Thursday. So what Puma Biotechnology's first marketed product has inspired some analysts to predict peak annual sales in excess of $1 billion, but there's a catch: Nerlynx is intended as a treatment to stop breast cancer from recurring following treatment with Herceptin. Breast cancer affects enough people worldwide to drive sales that high, but Puma still needs to
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PBYI
News
- Puma Biotech (PBYI) Stock Dips While Market Gains: Key Facts [Yahoo! Finance]Yahoo! Finance
- Puma Biotechnology, Inc. (NASDAQ: PBYI) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Puma Biotechnology (NASDAQ:PBYI) shareholders have earned a 93% return over the last year [Yahoo! Finance]Yahoo! Finance
- Puma Biotechnology Reports Inducement Awards Under Nasdaq Listing Rule 5635(c)(4)Business Wire
- Puma Biotechnology, Inc. (NASDAQ: PBYI) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
PBYI
Earnings
- 2/29/24 - Miss
PBYI
Analyst Actions
- 2/13/24 - HC Wainwright
PBYI
Sec Filings
- 3/29/24 - Form SC
- 3/19/24 - Form 4
- 3/19/24 - Form 8-K
- PBYI's page on the SEC website