Here's What's Causing Intrexon to Tumble 20% Today [The Motley Fool]
INTREXON CORP (XON)
Last intrexon corp earnings: 11/12 07:30 am
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Source: The Motley Fool
The company's collaboration revenue took a big step backward in the first quarter. Todd Campbell ( TMFEBCapital ) May 11, 2018 at 4:00PM What happened After the company reported disappointing first-quarter financial results, including worse-than-expected revenue performance, shares in Intrexon Corp. ( NYSE:XON ) were down by 20% at 3:15 p.m. EDT Friday. So what Intrexon Corp. is an engineered biology company that's generated a lot of buzz over the past few years. IMAGE SOURCE: GETTY IMAGES. It garnered a lot of attention in 2015 when Ziopharm ( NASDAQ:ZIOP ) announced it would use its sleeping beauty technology to improve upon chimeric antigen receptor T-cell therapies that it was developing. Then, its mosquitoes that are engineered so that they can't reproduce and spread disease won investor interest during the Zika virus outbre
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