logo
Sign in or Register

Already a member?

Sign in

Or sign in with your account on:

Not a member yet?

Register
    

XOMA Corporation Spikes on Price Offering

  +Follow August 22, 2013 12:48PM
Share:
Tickers Mentioned:

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)

Results for XOMA
Vaughan Lowsley
24 Apr 14 07:19:37
$XOMA Largest option trades in equi http://t.co/VmaO5Frv4b
EARTHDOGPJ
24 Apr 14 07:10:27
@johnwelshtrades What do you think of $ROSG and $XOMA?
Stockaholics
24 Apr 14 06:00:24
After 4,000% gains on picks so far in 2014, our Alert on $QASP is On the Move! Big News: http://t.co/KYyg9e2V2z $AIQ $BBX $XOMA
12Stocks.com
24 Apr 14 03:01:03
Weekly Smallcap #Stocks Performance $FRP $INTL $ARC $KEYW $ACW $CHFN $XOMA $AFOP $LLEN $BIRT $SUNS more@ http://t.co/jIGfl7ofoU
Stockaholics
23 Apr 14 23:05:23
After 4,000% gains on picks so far in 2014, our Alert on $QASP is On the Move! Big News: http://t.co/KYyg9e2V2z $AIQ $BBX $XOMA
Stockaholics
23 Apr 14 19:55:37
After 4,000% gains on picks so far in 2014, our Alert on $QASP is On the Move! Big News: http://t.co/KYyg9e2V2z $AIQ $BBX $XOMA
Tyrell King
23 Apr 14 16:43:41
$XOMA Largest option trades in equities http://t.co/Xpf9IgSsW7
Stockaholics
23 Apr 14 16:39:09
Platinum Members saw 2,100% gains On Penny Stocks in one month! Sign up to Platinum Here: http://t.co/f22do3oXMo $AIQ $BBX $XOMA
Adria Mosley
23 Apr 14 15:05:01
$XOMA Largest option trades in equities http://t.co/PFvsjPjaur
Financial Alerts
23 Apr 14 13:28:29
$XOMA Largest option trades in equities http://t.co/2PrQrOYpXw
Stockaholics
23 Apr 14 13:02:01
Members saw 5,000% gains on Penny Stock Alert's in 4 months! Subscribe Today: http://t.co/5B5saivZk0 $AIQ $BBX $XOMA
teevee
23 Apr 14 09:31:17
Commented on StockTwits: $XOMA 420...entry and stop for tda http://t.co/7hsY47hwdb
Allen Brzozowski
23 Apr 14 05:37:59
Agenda - 4th Diabetes Partnering and Deal-Making http://t.co/h32Y5tL9Qd $XOMA
The Fly
23 Apr 14 03:54:15
$MBLTY $SNY $NVO $XOMA $NBS $MRK $JNJ $PFE $AZN $LLY Global Technology Community to hold a summit: Full Story http://t.co/q1M4KMblbq
12Stocks.com
23 Apr 14 03:00:57
Weekly Smallcap #Stocks Performance $FRP $INTL $ARC $KEYW $ACW $CHFN $XOMA $AFOP $LLEN $BIRT $SUNS more@ http://t.co/jIGfl7ofoU
Stockaholics
22 Apr 14 23:19:30
Members saw 5,000% gains on Penny Stock Alert's in 4 months! Subscribe Today: http://t.co/5B5saivZk0 $AIQ $BBX $XOMA
Stockaholics
22 Apr 14 20:26:08
Our Penny Stock Newsletter Picks, Gained 5,000% in 4.5 months! Subscribe Today: http://t.co/5B5saivZk0 $AIQ $BBX $XOMA
Dan McCarter
22 Apr 14 19:39:11
$XOMA Largest option trades in equities http://t.co/Wb9Rrq5e7Z
Boaz Boulstridge
22 Apr 14 18:48:02
$XOMA Largest option trades in equi http://t.co/4NXsaksBAX
Rufus Diaz
22 Apr 14 13:17:26
$XOMA Largest option trades in equi http://t.co/O9kGpBdxdn
Stockaholics
22 Apr 14 10:08:44
Our Penny Stock Newsletter Picks, Gained 5,000% in 4.5 months! Subscribe Today: http://t.co/5B5saivZk0 $AIQ $BBX $XOMA
teevee
22 Apr 14 08:24:09
meant to say $XOMA
$$$ Money $$$
22 Apr 14 07:03:21
$NVAX $CNAT $ACRX $XOMA $ANTH $ETRM $CPRX are few if u follow &nibbling some shares w/ me since last tues, u be dancing in the $ rain today
Yahaira Landry
22 Apr 14 06:41:39
$XOMA Largest option trades in equi http://t.co/hMTwv5WB6c
Boaz Boulstridge
22 Apr 14 05:03:26
$XOMA Largest option trades in equi http://t.co/8Oa06VQFKf
12Stocks.com
22 Apr 14 03:00:48
Weekly Smallcap #Stocks Performance $FRP $INTL $ARC $KEYW $ACW $CHFN $XOMA $AFOP $LLEN $BIRT $SUNS more@ http://t.co/jIGfl7ofoU
Stockaholics
22 Apr 14 00:11:21
Members saw 5,000% gains on Penny Stock Alert's in 4 months! Subscribe Today: http://t.co/5B5saivZk0 $AIQ $BBX $XOMA
jeff dement
21 Apr 14 22:33:26
RT @urbinarestrepo: $XOMA http://t.co/r1vBxAcqcA
Stockaholics
21 Apr 14 21:35:04
After 5,000% gains, our New SECRET Penny Stock Alert, is coming today! Check it out: http://t.co/jrft0mERif $AIQ $BBX $XOMA
Stockaholics
21 Apr 14 16:55:53
After 5,000% gains, our New SECRET Penny Stock Alert, is coming today! Check it out: http://t.co/jrft0mERif $AIQ $BBX $XOMA
Ford Cadwell
21 Apr 14 15:18:09
$XOMA Largest option trades in equi http://t.co/wG70wXyCo4
Babara Blodgett
21 Apr 14 14:26:54
$XOMA Largest option trades in equi http://t.co/5GA6gmcW8n
Stockaholics
21 Apr 14 13:55:51
After 5,000% gains, our New SECRET Penny Stock Alert, is coming today! Check it out: http://t.co/jrft0mERif $AIQ $BBX $XOMA
Stockaholics
21 Apr 14 09:39:33
Our Penny Stock Newsletter Picks, gained 5,000% in 4 months! Subscribe Today: http://t.co/5B5saivZk0 $AIQ $BBX $XOMA
Karl Rosoff
21 Apr 14 05:15:33
$XOMA Stocks Roundup – XOMA Corp (XOMA), Inovio Pharmaceuticals, Inc. (INO ... http://t.co/BDy934vxob
Stockaholics
21 Apr 14 00:40:02
Members saw 5,000% gains on Penny Stock Alert's in 4 months! Subscribe Today: http://t.co/5B5saivZk0 $AIQ $BBX $XOMA
foolsgold
20 Apr 14 21:08:28
Watching 4/21 $ACI $AMCN $CBR $CORT $COWN $CRRS $EBR $FBP $KWK $LIVE $LTS $MTL $NEON $OMEX $OXBT $SPRT $UMC $WYY $XOMA $ZNGA ..BOOM..
Crew Daily
20 Apr 14 20:29:08
$XOMA Largest option trades in equities http://t.co/ACXoNbLPff
Stockaholics
20 Apr 14 19:30:45
Our Penny Stock Newsletter Picks, gained 5,000% in 4 months! Subscribe Today: http://t.co/5B5saivZk0 $AIQ $BBX $XOMA
Dmitri Magnuson
20 Apr 14 15:20:55
$XOMA Largest option trades in equities http://t.co/8fBqLR2yMY
Stockaholics
20 Apr 14 13:21:50
Our Penny Stock Newsletter Picks, gained 5,000% in 4 months! Subscribe Today: http://t.co/5B5saivZk0 $AIQ $BBX $XOMA
ChartMill
20 Apr 14 13:13:03
moving aftermarket #stocks http://t.co/LgcXe8z0fh $XOMA $AMD $MACK
Stockaholics
20 Apr 14 09:57:08
Our Penny Stock Newsletter Picks, gained 5,000% in 4 months! Subscribe Today: http://t.co/5B5saivZk0 $AIQ $BBX $XOMA
Sky Hunter
20 Apr 14 03:29:56
$XOMA Largest option trades in equities http://t.co/rPizjgsObg
Karl Rosoff
20 Apr 14 01:51:04
$XOMA Trader's Buzzers - XOMA Corp (XOMA), Cerus Corporation (CERS), Chelsea ... http://t.co/qzNEhnqyK3
Rob McGavern
19 Apr 14 20:29:15
$XOMA Largest option trades in equities http://t.co/vEzCs5AbMt
Louie O'Malley
19 Apr 14 19:30:06
$XOMA Largest option trades in equities http://t.co/b3lHcz0c2K
Jose Luis Urbina
19 Apr 14 16:33:45
$XOMA http://t.co/r1vBxAcqcA
Colene Engi
19 Apr 14 16:31:00
$XOMA Largest option trades in equities http://t.co/CEPjphrYrx
chartguy89
19 Apr 14 15:01:51
XOMA 4.21 Stock Charts $XOMA XOMA Corp. (NASDAQ) XOMA Stock Chart - 1 Month http://t.co/dQW6apK2Vb http://t.co/Yb8IWoSvRz
				
				
  +Follow August 22, 2013 12:48PM
Share:

Editor's Picks

Comments

 

blog comments powered by Disqus

About us

Equities.com is the most advanced interactive online social ecosystem for the financial industry, serving as a resource center and next-generation communication platform that connects self-directed investors with public issuers, market experts, and professional service providers and vendors. Registered members can leverage our exclusive proprietary research tools such as the Small-Cap Stars, which outperformed 90% of all small-cap mutual funds, and robust do-it-yourself E.V.A. research reports. The Equities.com Issuer Dashboard is the ideal tool to communicate and manage investor awareness campaigns to the investment community, as well as to access valuable resources to help your company grow.

Market Data powered by QuoteMedia.
Copyright © QuoteMedia. Data delayed 15 minutes unless otherwise indicated. Terms of Use.