Stock Track | Allogene Therapeutics Stock Plunges After Disappointing Earnings Report

Stock Track

2024-11-09

Allogene Therapeutics Inc. (ALLO) saw its stock price plummet by 6.58% on November 8, 2024, following the release of its earnings report for the quarter ended January 1, 2024.

The biotechnology company reported a wider-than-expected adjusted loss of $0.32 per share for the quarter, missing analysts' expectations of a $0.33 loss per share. The company also failed to generate any revenue, while analysts had forecast revenue of $12,930.

Allogene Therapeutics reported a quarterly loss of $66.29 million, reflecting the company's ongoing investments in research and development as it continues to advance its pipeline of experimental cancer treatments.

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(ALLO) saw its stock price plummet by 6.58% on November 8, 2024, following the release of its earnings report for the quarter ended January 1, 2024.</p>\n<p>The biotechnology company reported a wider-than-expected adjusted loss of $0.32 per share for the quarter, missing analysts' expectations of a $0.33 loss per share. 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The company also failed to generate any revenue, while analysts had forecast revenue of $12,930.Allogene Therapeutics reported a quarterly loss of $66.29 million, ref","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"ALLO":"Allogene Therapeutics Inc."},"translate_title":"股票追踪Allogene Therapeutics股价在令人失望的收益报告后暴跌","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ALLO":1},"content_text":"Allogene Therapeutics Inc. (ALLO) saw its stock price plummet by 6.58% on November 8, 2024, following the release of its earnings report for the quarter ended January 1, 2024.\nThe biotechnology company reported a wider-than-expected adjusted loss of $0.32 per share for the quarter, missing analysts' expectations of a $0.33 loss per share. 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