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XOMA Corporation Spikes on Price Offering

  +Follow August 22, 2013 12:48PM
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Biotech company XOMA Corporation ($XOMA) announced the price of their common stock offering on Thursday that sent the price of shares on an upward trajectory.

XOMA is offering 7.6 million shares at $3.62 a share, which should net the company around $25.5 million. Also, the company is allowing underwriters a 30 day option on an additional 1.14 million shares.

The Berkeley, Ca.-based biotech firm's flagship drug (and focus of principal reserach) is called gevokizumab. The drug is a humanized monoclonal antibody which is used primarily in the treatment of diabetes. On July 22 the drug entered Phase 2 of the approval process. Gevokizumab is also currently in phase III development for treating non-infectious uveitis and Behçet’s uveitis, which are multiskeletal inflammatory disorders.

On Aug. 7, the company reported a 21 cent per-share loss for the second quarter of 2013, missing revenue estimates by 21 percent. XOMA’s stock dropped precipitously on the news, losing around 20 percent of its value. In March, the stock was thought to be the most undervalued biomed stock under $10.

XOMA is down 20.27 percent on the month, hurt by the lagging earnings for the second quarter. But with Thursday's offering, the stock shot up 11.17 percent to hit $4.47 a share.

(image courtesy of Wikimedia Commons)

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Results for XOMA
Stock_Tracker
31 Jul 15 02:49:36
XOMA XOMA Ltd. Tick http://t.co/OTn3rGMUVP $XOMA $HZNP $IBB $RGLD #XOMA #invest #investing
Stock_Tracker
31 Jul 15 02:46:17
SLV iShares Silver Trust Yield http://t.co/ujgOyHH1HP $SLV $BANKINDIA.IN $XOMA $GNPT #SLV #stock #finance
clayton
31 Jul 15 02:40:04
LUV Southwest Airlines Co. Message Board Posts http://t.co/kQk0pwX5Bp $LUV $GOOGL $XOMA $BANKBARODA.IN #LUV #invest #share
Investors Hangout
31 Jul 15 02:33:35
ARTX Arotech Corp. Yield http://t.co/Xxfdq4BZIp $ARTX $XOMA $GLD $RJF #ARTX #tradeideas #invest
Stock Market Picks
30 Jul 15 19:37:32
$OHRP $XOMA $BBEP #pennystocks, Trade Long and short or long only, up to 1900% in profits. http://t.co/yipJpHSzxe http://t.co/1neLw0MmnE
Michael Cook
30 Jul 15 18:21:14
Our Stock Alerts Gained Over 550% This Month Already! See Our Huge New Pick Coming This Week: http://t.co/abs4Q0eCx9 $AIQ $BBX $XOMA
Michael James
30 Jul 15 18:20:25
After A MASSIVE 525% Gain On $GEQU, We Have A New Pick Ready! Special Update: http://t.co/wFGuoX67mX $AIQ $BBX $XOMA
Paul Henry
30 Jul 15 18:18:32
Our Penny Stock Picks Have Gained 3,600% In 10 Months! Get Early Access To Our Next Pick: http://t.co/xXdYdpiHOc $AIQ $BBX $XOMA
Zona Blare
30 Jul 15 17:35:00
RT @daytradingninja: Analyst Upgrades: $SNDK $OC $UTX $CRUS $FTI $DWA $FTNT $EMC Downgrades: $STJ $QLGC $HTZ $THOR $WDC $XOMA 2015.07.23 0…
Evan Shweky
30 Jul 15 13:07:04
Bought another 2,100 $XOMA @ $0.8068...Long 7,300. #stocks #money #proprietary #daytrade #profit #finance #wall street
Michael Cook
30 Jul 15 11:48:22
Our Stock Alerts Gained Over 550% This Month Already! See Our Huge New Pick Coming This Week: http://t.co/abs4Q0wdoH $AIQ $BBX $XOMA
Michael James
30 Jul 15 11:44:05
After A MASSIVE 525% Gain On $GEQU, We Have A New Pick Ready! Special Update: http://t.co/wFGuoXnIev $AIQ $BBX $XOMA
Paul Henry
30 Jul 15 11:40:42
Our Penny Stock Picks Have Gained 3,600% In 10 Months! Get Early Access To Our Next Pick: http://t.co/xXdYdpAiFK $AIQ $BBX $XOMA
StockNews
30 Jul 15 11:34:03
$XOMA - SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces A Securities Fraud Class Action Lawsuit Has Been http://t.co/y5IlgI2o1e
Samuel Brown
30 Jul 15 11:07:58
$XOMA Poor Clinical Results Push XOMA Corp (NASDAQ:XOMA) to the Bottom of the Charts http://t.co/sOndIZugb6
Evan Shweky
30 Jul 15 09:39:37
Bought 5200 #shares of $XOMA @ $0.8108. #finance #money #stocks #daytrade #wall street #proprietary
InsiderTradingWire
30 Jul 15 09:02:05
$XOMA | XOMA Corporation is down 22% since we reported $12,017,500 of insider selling on 07/23/2015. Did you ... - http://t.co/kS1U9c8L3y
Michael Cook
30 Jul 15 08:37:05
Our Stock Alerts Gained Over 550% This Month Already! See Our Huge New Pick Coming This Week: http://t.co/abs4Q0wdoH $AIQ $BBX $XOMA
Michael James
30 Jul 15 08:33:09
After A MASSIVE 525% Gain On $GEQU, We Have A New Pick Ready! Special Update: http://t.co/wFGuoXnIev $AIQ $BBX $XOMA
Paul Henry
30 Jul 15 08:28:27
Our Penny Stock Picks Have Gained 3,600% In 10 Months! Get Early Access To Our Next Pick: http://t.co/xXdYdpAiFK $AIQ $BBX $XOMA
StockNews
30 Jul 15 08:16:01
$XOMA - EQUITY ALERT: The Rosen Law Firm Announces the Filing of a Securities Class Action Lawsuit Against Xoma http://t.co/zC5v8S6OPO
Sheff
30 Jul 15 06:11:51
Agree w/ you regarding the opposite end of spectrum as well. $XOMA https://t.co/re62W31Qjm
Jason
30 Jul 15 06:05:19
@SheffStation Nice post! Logic can be inversely applied when there are seeming delays w/?-able mgmt. ( $XOMA )
brian sweetheart
30 Jul 15 05:37:26
Voted top trading group. http://t.co/5eVXN8RJLp Related: $AEZS $ACI $HOV $XOMA $SNTA $OPXA $RENN
Stock Rocket
30 Jul 15 05:34:21
Intersting article about a new stock pick site. http://t.co/nU3hf3Cf56. Related: $APHB $NOR $XOMA $DSUS $EAPH $NG
The Legacy News
30 Jul 15 03:42:40
XOMA Corp Lifted to “Hold” at Zacks $XOMA http://t.co/DoHrRMLYdV
danrocks
30 Jul 15 01:47:55
XOMA XOMA Ltd. Short Sales http://t.co/FquqlslAlt $XOMA $ORLY $SLV $ASHR #XOMA #finance #pennystocks
Stock Forums
30 Jul 15 01:46:14
UPS United Parcel Service, Inc. % Change http://t.co/EbYt7JX0Zd $UPS $WFM $EWZ $XOMA #UPS #stockmarket #finance
Rosner Stocks
30 Jul 15 01:35:31
CLVS Clovis Oncology, Inc. Bid Size http://t.co/odGCpikxl4 $CLVS $APC $XOMA $GS #CLVS #investing #stockmarket
clayton
30 Jul 15 01:35:24
COP ConocoPhillips Stock Forum http://t.co/tCKF1epSIU $COP $XOMA $TNA $GS #COP #pennystocks #pennystocks
Thanhhongluong
29 Jul 15 23:37:06
RT @SolarMelt: $XOMA Bottom-line: EyeGuard-A should be a success. EyeGuard-C is a toss-up. Can't make a call - insufficient info. Need both…
Thanhhongluong
29 Jul 15 23:36:57
RT @SolarMelt: $XOMA EyeGuard-B failed because control over-performed. Control patients remained on steroids throughout the trial - tapered…
Paul Henry
29 Jul 15 23:34:18
Our Penny Stock Picks Have Gained 3,600% In 10 Months! Get Early Access To Our Next Pick: http://t.co/xXdYdpiHOc $AIQ $BBX $XOMA
Michael James
29 Jul 15 23:33:09
After A MASSIVE 525% Gain On $GEQU, We Have A New Pick Ready! Special Update: http://t.co/wFGuoX67mX $AIQ $BBX $XOMA
Audrey Dowman
29 Jul 15 19:52:57
RT @StockHorizon: $XOMA triggered SHORT, hit 1st predicted SHORT move $1.01. On watch @ 08:00, alerted @ 09:32 & $1.09.
Stock Market Picks
29 Jul 15 17:35:36
$OHRP $XOMA $BBEP #pennystocks, Trade Long and short or long only, up to 1900% in profits. http://t.co/yipJpHSzxe http://t.co/7q65paO3sO
Michael Cook
29 Jul 15 16:48:58
Our Stock Alerts Gained Over 550% This Month Already! See Our Huge New Pick Coming This Week: http://t.co/abs4Q0eCx9 $AIQ $BBX $XOMA
Paul Henry
29 Jul 15 16:45:44
Our Penny Stock Picks Have Gained 3,600% In 10 Months! Get Early Access To Our Next Pick: http://t.co/xXdYdpiHOc $AIQ $BBX $XOMA
Michael James
29 Jul 15 16:45:00
After A MASSIVE 525% Gain On $GEQU, We Have A New Pick Ready! Special Update: http://t.co/wFGuoXnIev $AIQ $BBX $XOMA
PolgarStocks
29 Jul 15 15:51:05
XOMA XOMA Ltd. Last Trade http://t.co/u9NnjFPBan $XOMA $NUGT $XIV $UVXY #XOMA #tradeideas #tradeideas
Stock Forums
29 Jul 15 15:51:04
XOMA XOMA Ltd. 52Wk Low http://t.co/cwA7BOjx6I $XOMA $FCX $ASHR $ZIOP #XOMA #share #stock
Emylers
29 Jul 15 15:51:04
XOM Exxon Mobil Corp. Prev Close http://t.co/6hQCdAgU8E $XOM $CAT $XOMA $KBE #XOM #invest #invest
Stock_Tracker
29 Jul 15 15:51:03
XOMA XOMA Ltd. Quotes http://t.co/wB9fxN8Nji $XOMA $YANG $X $V #XOMA #pennystocks #tradeideas
Stock Forums
29 Jul 15 15:50:40
XLI Industrials Select Sector SPDR Day Low http://t.co/FZYwM7kH26 $XLI $IBB $XOMA $AAL #XLI #invest #stockmarket
Jake13
29 Jul 15 15:50:39
XOMA XOMA Ltd. P/E Ratio http://t.co/rynnay3klw $XOMA $BIDU $GOOGL $POT #XOMA #share #nasdaq
Stock_Tracker
29 Jul 15 15:50:34
XOMA XOMA Ltd. Financials http://t.co/I7BxQ1I2Ox $XOMA $ESRX $IBB $QRVO #XOMA #stockmarket #tradeideas
jim50
29 Jul 15 15:50:10
XHB SPDR S&P Homebuilders Index ETF Quotes http://t.co/wXbMoGyD3r $XHB $DXJ $JNK $XOMA #XHB #stock #pennystocks
IH NASDAQ OMX
29 Jul 15 15:50:09
XOMA XOMA Ltd. Chart http://t.co/rZcWsC2Nii $XOMA $RDSH $UNG $HGD.TO #XOMA #finance #tradeideas
Jake13
29 Jul 15 15:50:07
XOMA XOMA Ltd. Day High http://t.co/PunMel6cQZ $XOMA $CTLE $EDC $DATA #XOMA #tradeideas #nasdaq
leahanne
29 Jul 15 15:50:07
X USX-US Steel Group, Inc. Company Info http://t.co/0PvD0NazRj $X $ESRX $PVSP $XOMA #X #pennystocks #invest
				
				
  +Follow August 22, 2013 12:48PM
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