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XOMA Corporation Spikes on Price Offering

  +Follow August 22, 2013 12:48PM
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)

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Results for XOMA
Falcon's PennyStocks
30 Nov 15 20:06:34
Stocks Under $5 94.5% Avg Gain 100% UNBIASED https://t.co/2qE8x3QQQ8 $ncty $xoma $aro $ng $tc $iag $mni $free... ! https://t.co/gC7YCMNUSe
30 Nov 15 18:56:54
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DE Asset Management
30 Nov 15 18:17:18
RT @ResearchPool: #XOMA CORP Rating and Forecast Report for $XOMA by @ValuEngine https://t.co/sEmitwuYjX #stocks #mrx https://t.co/NG8Jj7…
MRX Robot
30 Nov 15 18:09:36
RT ResearchPool: #XOMA CORP Rating and Forecast Report for $XOMA by ValuEngine https://t.co/qIQZJbGe3w  #stocks #… https://t.co/SJhXmerJVe
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30 Nov 15 18:08:29
RT https://t.co/bLZF7W8RmH #XOMA CORP Rating and Forecast Report for $XOMA by ValuEngine … https://t.co/akozm4mXen
Paul Henry
30 Nov 15 18:05:57
$MHRC has now gained 756.25% In The Past 2 Weeks! Huge News: https://t.co/fKslN0dN7c $AIQ $BBX $XOMA
30 Nov 15 18:05:25
#XOMA CORP Rating and Forecast Report for $XOMA by @ValuEngine https://t.co/sEmitwuYjX #stocks #mrx https://t.co/NG8Jj760M7
Michael James
30 Nov 15 18:04:51
$MHRC Has Nearly QUADRUPLED In Value, In The Past 2 Weeks! Special Update: https://t.co/ohkeyaXpyZ $AIQ $BBX $XOMA
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$NWAV Closed Up A Whopping 55.56%! Major Expectations For Next Week: https://t.co/xpW15VznHO $AIQ $BBX $XOMA
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30 Nov 15 18:04:13
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30 Nov 15 18:03:52
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30 Nov 15 18:00:33
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$TSTS Has More Than QUADRUPLED In Value In 2 Weeks! Big News: https://t.co/n8iZENteZr $AIQ $BBX $XOMA
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30 Nov 15 15:58:31
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30 Nov 15 15:26:38
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30 Nov 15 13:24:57
Solid month. Great on $XOMA but gave a bunch back. Would like that trade back. Hoping $FTK $VRX $ZFGN good next mnth https://t.co/60uGvh5eGC
30 Nov 15 13:20:20
$XOMA close to 800,000 shares hit @ $1.33 AH..... whats up with that????
30 Nov 15 13:01:26
$XOMA 672,853 sale @ $1.33 on close
30 Nov 15 12:52:03
XOMA Intrexon Corp. Short Sales https://t.co/2QuUUIEJQj $XOMA $NUGT $DIA $BABA #XOMA #stocks #stocks
30 Nov 15 12:45:34
RSX Starbucks Corp. Ask https://t.co/UkBTdKsdu6 $RSX $UNP $XOMA $CBI #RSX #stock #stockmarket
30 Nov 15 12:43:29
$XOMA MM in total control.. on BID and ASK
Stock Forums
30 Nov 15 12:36:10
CGC.V Chesapeake Energy Corp. Day High https://t.co/ao7et9TYdA $CGC.V $XOMA $BLUE $HGU.TO #CGC.V #pennystocks #stocks
30 Nov 15 12:33:09
ADBE Adobe Systems, Inc. P/E Ratio https://t.co/KdaCNeIVlD $ADBE $XOMA $XOM $XLF #ADBE #finance #stockmarket
Falcon's PennyStocks
30 Nov 15 12:29:46
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30 Nov 15 12:20:24
Potential Runners $FIT $NVAX $XOMA $AMBA https://t.co/sRlEMll1bq
30 Nov 15 11:52:32
ZIOP ZIOPHARM Oncology, Inc. Exchange https://t.co/DqGVwTrEdo $ZIOP $XOMA $MBLY $DUST #ZIOP #pennystocks #nasdaq
Rosner Stocks
30 Nov 15 11:52:03
XOMA XOMA Ltd. Investor Opinions https://t.co/JcZe0SeofC $XOMA $CMG $SA $GDXJ #XOMA #invest #nasdaq
30 Nov 15 11:48:32
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30 Nov 15 11:43:03
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Low Breau
30 Nov 15 11:39:59
$XOMA it's time for #PowerHour lol
30 Nov 15 11:33:33
AMBA Ambarella, Inc. Bid Size https://t.co/yQBSdSDd8S $AMBA $JNK $CGC.V $XOMA #AMBA #invest #nasdaq
30 Nov 15 11:33:31
$cali $tbio $xoma $prsn $dcth $amda $rloc $io $nvgn until 9 pm est...3 month short term picks - $199...won't see this price until 2016
30 Nov 15 10:41:11
$XOMA Todays trading resembles https://t.co/1ULIyAUJCt
30 Nov 15 10:16:06
FOMX DD 4 investors.Read here: https://t.co/7yeFtYQQ00 $XOMA $XON $XONE $XOOM $XOP $XOXO $XPH $XPL
Falcon's PennyStocks
30 Nov 15 09:53:42
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30 Nov 15 09:01:38
$XOMA Boring!!
Janie Tracey
30 Nov 15 08:26:46
94.5% Avg Gain 100% Unbiased https://t.co/ZuhK9U7VNA $tsys $sune $siri $vale $free $ftr $s $xoma $cldn $tsla $gluu! https://t.co/0PaMH9zLdr
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30 Nov 15 08:07:42
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Falcon's PennyStocks
30 Nov 15 08:02:10
View our past picks: https://t.co/6k1jBaN2Dh $tsys $sune $siri $vale $free $ftr $s $xoma $cldn $tsla $gluu Unbiased https://t.co/7hNXShvdjR
30 Nov 15 07:27:39
30 Nov 15 07:01:36
Potential Runners | Momentum Trading with RaginCajun https://t.co/5kFHdnRtL9 $FIT, $NVAX, $XOMA, $AMBA, $JMEI, $SGY, $PEIX, & $CJES
shelton williams
30 Nov 15 06:46:03
Top % Gainers Since Open: $CNIT 12%, $MCUR 10%, $ORMP 10%, $IDRA 8%, $ABY 4%, $CMFN 4%, $JMEI 3%, $GLNG $QUNR $XOMA $CSRA $BECN $MPEL $GERN
30 Nov 15 06:40:11
Top % Gainers Since Open: $CNIT 12%, $MCUR 10%, $ORMP 10%, $IDRA 8%, $ABY 4%, $CMFN 4%, $JMEI 3%, $GLNG $QUNR $XOMA $CSRA $BECN $MPEL $GERN
30 Nov 15 06:37:38
$XOMA perked up
Falcon's PennyStocks
30 Nov 15 05:14:12
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30 Nov 15 05:13:41
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Falcon's PennyStocks
30 Nov 15 05:11:00
94.5% Avg Gain Small/Micro-Cap Family-Run https://t.co/2qE8x3QQQ8 Run $XOMA $AVXL $CANF $CLDN $AEZS $MCUR $SUNE! https://t.co/y61okD86Mz
Breaking News
30 Nov 15 04:13:12
$XOMA $TWTR: Insider Selling Activity: XOMA Corp (NASDAQ:XOMA), Yelp Inc …: https://t.co/rrWyWmcTlk
  +Follow August 22, 2013 12:48PM



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