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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
Mark Trader
28 Apr 15 09:33:13
Interesting new type of penny stock website reviewed at http://t.co/MMUEMgrJVV. Related: $NPD $NADL $RGDO $XOMA $OHRP $HHSE $OOIL
Jack Trader
28 Apr 15 09:02:34
$XOMA Why XOMA Corp. Stock Plunged 37% in December http://t.co/re12YsU3JZ
Mark Trader
28 Apr 15 08:24:27
Interesting new type of penny stock website reviewed at http://t.co/MMUEMgrJVV. Related: $NPD $NADL $RGDO $XOMA $OHRP $HHSE $OOIL
Mark Trader
28 Apr 15 08:15:54
Cool trading site I just found. https://t.co/T2poBgnyFu $SGYP $KEG $FXCM $SNTA $BSBR $ONVO $XOMA $STEM $AKS
Linlin Mendoza
28 Apr 15 07:49:56
Covered $AMOT for ~ $5 per share. Started $XOMA
Dave
28 Apr 15 07:37:24
Pro members at http://t.co/L46QQZciCc get alerts early before they make big moves. Related: $XOMA $VTG $GENE $ANR $SPDC $ZGNX
Trader News Daily
28 Apr 15 07:36:02
Check out http://t.co/PeRPkYu8Uk for some awesome trade ideas. Their 6 pro's are amazing. $PGH $VTG $FZRO $CRK $ECRY $XOMA $ONCS $UMC
Dave
28 Apr 15 06:26:50
Pro members at http://t.co/L46QQZciCc get alerts early before they make big moves. Related: $XOMA $VTG $GENE $ANR $SPDC $ZGNX
El Guapo
28 Apr 15 06:23:22
AAldo on wtahc $TWTR $XOMA
Mark Trader
28 Apr 15 06:11:34
Cool trading site I just found. https://t.co/T2poBgnyFu $SGYP $KEG $FXCM $SNTA $BSBR $ONVO $XOMA $STEM $AKS
stockschamp
28 Apr 15 05:20:16
Don't Wait Untill 2016 To Realize This POWERFUL Stock Alert Service! $240,000 GAINS! http://t.co/8WvnrVmkBS .. $AIQ $BBX $XOMA
Ken
27 Apr 15 21:10:16
RT @allanon32: $XOMA opened at 3.60 and dropped to 3.40 slight ¢5 bounce but is still trending down. Could be a great short. @timothysykes …
Mark Trader
27 Apr 15 18:44:17
Interesting new type of penny stock website reviewed at http://t.co/MMUEMgJlkv. Related: $NPD $NADL $RGDO $XOMA $OHRP $HHSE $OOIL
Trader News Daily
27 Apr 15 18:27:38
Check out http://t.co/PeRPkYLKiU for some awesome trade ideas. Their 6 pro's are amazing. $PGH $VTG $FZRO $CRK $ECRY $XOMA $ONCS $UMC
Dave
27 Apr 15 17:51:15
Pro members at http://t.co/L46QQZtU0M get alerts early before they make big moves. Related: $XOMA $VTG $GENE $ANR $SPDC $ZGNX
Penny Stockington
27 Apr 15 16:41:38
Our Winning Penny Stock Picks Gained Over 3115% In The Past 6 Months! Huge News: http://t.co/Lau579PuCR $AIQ $BBX $XOMA
StockenheimerSchmidt
27 Apr 15 16:28:45
Platinum Members Saw Our Stock Alerts Gain Over 3100% In 6 Months! Subscribe Here: http://t.co/KjFX626Ops $AIQ $BBX $XOMA
Stock Rocket
27 Apr 15 16:07:39
Our Stock Pick On $THCZ Is Up 481.54% From Our Initial Release! Major News: http://t.co/bLXWVUwpQ7 $AIQ $BBX $XOMA
dailystockplays.com
27 Apr 15 16:02:16
Ichimoku Green http://t.co/6uX3fkXOuL $AMLP $XOMA $VIAB $FBHS $BEN $CLGX $BIOC $IMS $SWI $PGRE $TNP $ESRT $ATR $ACXM $FMSA $GPT $HILL $VMI
Stock Dawgzz
27 Apr 15 15:44:13
Our Penny Stock Picks Gained 1472% In 2 Months! Get Access To Our New Pick: http://t.co/XxqN9Mxu5P $AIQ $BBX $XOMA
Mark Trader
27 Apr 15 12:32:13
Cool trading site I just found. https://t.co/T2poBg5XNW $SGYP $KEG $FXCM $SNTA $BSBR $ONVO $XOMA $STEM $AKS
Kyle
27 Apr 15 12:29:08
$XOMA opened at 3.60 and dropped to 3.40 slight ¢5 bounce but is still trending down. Could be a great short. @timothysykes @PennyHatStocks
Dave
27 Apr 15 11:11:54
Pro members at http://t.co/L46QQZtU0M get alerts early before they make big moves. Related: $XOMA $VTG $GENE $ANR $SPDC $ZGNX
Keith Abrams
27 Apr 15 10:45:36
RT @zbiotech: par for the course when data is delayed, vast majority of time, it's negative...as we await the likes of $SRNE $NLNK $PBYI $X…
Mark Trader
27 Apr 15 10:13:36
Interesting new type of penny stock website reviewed at http://t.co/MMUEMgJlkv. Related: $NPD $NADL $RGDO $XOMA $OHRP $HHSE $OOIL
ohmsonite
27 Apr 15 09:51:23
RT @zbiotech: par for the course when data is delayed, vast majority of time, it's negative...as we await the likes of $SRNE $NLNK $PBYI $X…
HumbleBioTrader
27 Apr 15 09:40:00
RT @zbiotech: par for the course when data is delayed, vast majority of time, it's negative...as we await the likes of $SRNE $NLNK $PBYI $X…
Gavin Parks
27 Apr 15 09:24:10
RT @zbiotech: par for the course when data is delayed, vast majority of time, it's negative...as we await the likes of $SRNE $NLNK $PBYI $X…
zach
27 Apr 15 09:23:02
par for the course when data is delayed, vast majority of time, it's negative...as we await the likes of $SRNE $NLNK $PBYI $XOMA
BioRunUp
27 Apr 15 08:58:57
@shaneblackmon Wasnt $XOMA your pick of the year?
BioRunUp
27 Apr 15 08:57:33
$XOMA getting slapped too, broke the $3.50 support, its testing recent lows $3.45
Mark Trader
27 Apr 15 07:41:33
Cool trading site I just found. https://t.co/T2poBg5XNW $SGYP $KEG $FXCM $SNTA $BSBR $ONVO $XOMA $STEM $AKS
StockSpotter
27 Apr 15 07:00:57
$XOMA up 0.8% to 3.63 possible bullish reversal? #stocks #options #trading http://t.co/ysJzqWnQzi
Dave
27 Apr 15 06:27:43
Pro members at http://t.co/L46QQZtU0M get alerts early before they make big moves. Related: $XOMA $VTG $GENE $ANR $SPDC $ZGNX
Trader News Daily
27 Apr 15 06:11:14
Check out http://t.co/PeRPkYLKiU for some awesome trade ideas. Their 6 pro's are amazing. $PGH $VTG $FZRO $CRK $ECRY $XOMA $ONCS $UMC
StockNewsWires
27 Apr 15 04:30:04
$XOMA $BAS: Where Are These Stocks Headed? XOMA Corp (XOMA), BioScrip ...: http://t.co/c8VPhENzzF
Mussocpa.net
27 Apr 15 04:15:09
Holding $ONTY, $DBVT, $GEVA, $SGEN, $NVTA, $XOMA, $DMPI, $ICPT, $IMNP, $MSTX, $PTN & $ACST :-( non bios of $PETS, $MO, $WSTG, $FAGIX
Mark Trader
26 Apr 15 19:55:25
Interesting new type of penny stock website reviewed at http://t.co/MMUEMgrJVV. Related: $NPD $NADL $RGDO $XOMA $OHRP $HHSE $OOIL
JSTOCKBROKERS
26 Apr 15 19:51:47
RT @8JMS: $RPTP $XOMA $AEGR $ARWR http://t.co/3KBNAHTt0c
Trader News Daily
26 Apr 15 18:55:18
Check out http://t.co/PeRPkYu8Uk for some awesome trade ideas. Their 6 pro's are amazing. $PGH $VTG $FZRO $CRK $ECRY $XOMA $ONCS $UMC
JMS
26 Apr 15 13:27:52
$RPTP $XOMA $AEGR $ARWR http://t.co/3KBNAHTt0c
moderneconomist.com
26 Apr 15 12:14:47
RT @BioRunUp: BioRunUp - This Week's Video Watchlist 4/27/15 - $SPY $XBI $IBB $CLDN $QURE $NVIV $SGYP $XOMA $CPRX http://t.co/uv056dzoLk
BioRunUp
26 Apr 15 11:52:32
BioRunUp - This Week's Video Watchlist 4/27/15 - $SPY $XBI $IBB $CLDN $QURE $NVIV $SGYP $XOMA $CPRX http://t.co/uv056dzoLk
Dave
26 Apr 15 08:31:16
Pro members at http://t.co/L46QQZciCc get alerts early before they make big moves. Related: $XOMA $VTG $GENE $ANR $SPDC $ZGNX
Mark Trader
26 Apr 15 08:27:11
Cool trading site I just found. https://t.co/T2poBgnyFu $SGYP $KEG $FXCM $SNTA $BSBR $ONVO $XOMA $STEM $AKS
Trader News Daily
26 Apr 15 06:37:04
Check out http://t.co/PeRPkYu8Uk for some awesome trade ideas. Their 6 pro's are amazing. $PGH $VTG $FZRO $CRK $ECRY $XOMA $ONCS $UMC
Trader News Daily
25 Apr 15 18:13:51
Check out http://t.co/PeRPkYLKiU for some awesome trade ideas. Their 6 pro's are amazing. $PGH $VTG $FZRO $CRK $ECRY $XOMA $ONCS $UMC
Trader News Daily
25 Apr 15 18:02:12
Check out http://t.co/PeRPkYu8Uk for some awesome trade ideas. Their 6 pro's are amazing. $PGH $VTG $FZRO $CRK $ECRY $XOMA $ONCS $UMC
Mark Trader
25 Apr 15 17:37:01
Cool trading site I just found. https://t.co/T2poBgnyFu $SGYP $KEG $FXCM $SNTA $BSBR $ONVO $XOMA $STEM $AKS
Breaking News
25 Apr 15 09:35:02
$XOMA $PBA: Worth Watching Stocks: XOMA Corporation (NASDAQ:XOMA ...: http://t.co/n2UrexuzBg
				
				
  +Follow August 22, 2013 12:48PM
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