Over 1 Year Ago
1 Min Read

ABSI up 44%. A closer look at what's happening:



Absci Corp (ABSI) is trading 44% higher at $6.05 today.

Absci Corp has been trading between a 52-week high of $26 and a 52-week low of $2.93. The stock has a market cap of $562 Million.

  • GAAP EPS of -$0.32 misses by $0.01, revenue of $1M misses by $0.68M
  • Cash and cash equivalents $206 million
  • Exceeded annual Active Program guidance with ten programs signed this year so far
  • Layoffs announced Tuesday by founder and CEO Sean McClain


Headlines


Absci GAAP EPS of -$0.32 misses by $0.01, revenue of $1M misses by $0.68M
Seeking Alpha 08-11-22

Absci Reports Second Quarter 2022 Financial Results and Business Update
GlobeNewswire 08-11-22

Vancouver biotechnology company Absci announces layoffs
The Columbian 08-10-22

Absci teams up to help develop antibody drugs for cancer
Seeking Alpha 07-07-22

MFGP, SRNE and OPEN among pre market losers
Seeking Alpha 06-16-22