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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
Michael Cook
29 Aug 15 15:31:04
After 3,000% Gains In The Past Year, We Have A Major New Pick Out! Big Update: http://t.co/QTGaTmijJY $AIQ $BBX $XOMA
chartguy89
29 Aug 15 13:24:25
XOMA +4.70% Stock Charts $XOMA XOMA Corp. (NASDAQ) Last Updated: 08/29/2015 15:24:30 XOMA Stock Chart - 1 Mont http://t.co/lLUrVozwU4
jim50
29 Aug 15 10:50:07
XOMA XOMA Ltd. Company Info http://t.co/bsvZ8HcehT $XOMA $EA $DIA $HYG #XOMA #finance #stock
Stock_Tracker
29 Aug 15 10:47:06
SMN ProShares UltraShort Basic Materials EOD Data http://t.co/PN2TdgYs52 $SMN $CAT $XOMA $SMN #SMN #nasdaq #nasdaqSPXS Direxion Daily…
PolgarStocks
29 Aug 15 10:47:05
SMN ProShares UltraShort Basic Materials EOD Data http://t.co/L0TDF3ojpU $SMN $CAT $XOMA $SMN #SMN #nasdaq #nasdaqSPXS Direxion Daily…
jim50
29 Aug 15 10:41:13
KO Coca Cola Co. Investor Opinions http://t.co/77uuqdg9QA $KO $ARIA $XOMA $GPRO #KO #investing #stock
nasdaqfan
29 Aug 15 10:41:04
LMT Lockheed Martin Corp. Short Sales http://t.co/jhfdSJVHz1 $LMT $DAG $ATVI $XOMA #LMT #pennystocks #investing
PolgarStocks
29 Aug 15 10:36:32
FB Facebook, Inc. Bid http://t.co/8ITFnshOJy $FB $F $CTRP $XOMA #FB #stocks #pennystocks
Joe Librescu
29 Aug 15 07:35:08
@scottsherman btw from the XBI list http://t.co/wzAfmWZR9X now if had money would had bought $xoma for ex .. maybe the only 1 of the list
BreakingStocksNews
29 Aug 15 05:56:01
$XOMA: 4 Notable Runners – XOMA Corp (XOMA), Key Energy Services Inc …: http://t.co/K6aq0gKMAH
StockNewsWires
29 Aug 15 05:23:02
$XOMA: XOMA Corp Stock Rating Lowered by Zacks (XOMA): http://t.co/3cQMMA3bLF
Stock Rocket
28 Aug 15 17:18:20
Our Penny Stock Alerts Gained 550% In Less Than 6 Weeks! We Have A HUGE New Pick In The Works: http://t.co/wNx8NkJOZ4 $AIQ $BBX $XOMA
Stockaholics
28 Aug 15 16:54:15
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28 Aug 15 16:48:14
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28 Aug 15 16:46:42
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StockenheimerSchmidt
28 Aug 15 16:44:02
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Wu Weed
28 Aug 15 12:26:37
wu tang $xoma + 4.20%
IH NASDAQ OMX
28 Aug 15 11:49:33
XOMA XOMA Ltd. Summary http://t.co/eTLLPu5CJ8 $XOMA $EWI $GILD $XRT #XOMA #investing #stock
Lucky Jimmy
28 Aug 15 11:43:33
SCTY SolarCity Corp. Financials http://t.co/gBJesP4hgq $SCTY $RSX $LABU $XOMA #SCTY #stocks #stock
MoneyEmpire
28 Aug 15 10:58:08
@MONEYEMPIRE $XOMA HOD
Penny Stocks Blog
28 Aug 15 10:53:43
RT @stock_forums: XLY Consumer Discretionary Select Sector SPDR News http://t.co/mgH5DIDsBX $XLY $JPM $FV $XOMA #XLY #share #pennystocks
nasdaqfan
28 Aug 15 10:50:05
XOMA XOMA Ltd. Ex-Div Date http://t.co/ycuDrP7sJL $XOMA $RGSE $HNU.TO $JPM #XOMA #investing #investing
Chadbourne Rolle
28 Aug 15 10:38:36
http://t.co/vXTKXJL2Op Verified $4.47 profit in $XOMA Bulk Import
Chadbourne Rolle
28 Aug 15 10:38:36
http://t.co/SRBoOinOtU Verified $52.64 profit in $XOMA Bulk Import
clayton
28 Aug 15 10:34:21
CMG Chipotle Mexican Grill Inc. Chart http://t.co/FXvuop91wK $CMG $XOMA $EOX $SPXL #CMG #finance #stockCOP ConocoPhillips Dividend…
Emylers
28 Aug 15 10:34:21
CMG Chipotle Mexican Grill Inc. Chart http://t.co/ua3lBk1vhU $CMG $XOMA $EOX $SPXL #CMG #finance #stockCOP ConocoPhillips Dividend…
clayton
28 Aug 15 10:34:21
CMG Chipotle Mexican Grill Inc. Chart http://t.co/UNZypBcci8 $CMG $XOMA $EOX $SPXL #CMG #finance #stockCOP ConocoPhillips Dividend…
Emylers
28 Aug 15 10:34:20
CMG Chipotle Mexican Grill Inc. Chart http://t.co/UqgCM1MZ1T $CMG $XOMA $EOX $SPXL #CMG #finance #stockCOP ConocoPhillips Dividend…
clayton
28 Aug 15 10:34:20
CMG Chipotle Mexican Grill Inc. Chart http://t.co/Iuh65fTYyw $CMG $XOMA $EOX $SPXL #CMG #finance #stockCOP ConocoPhillips Dividend…
clayton
28 Aug 15 10:34:20
CMG Chipotle Mexican Grill Inc. Chart http://t.co/5fReUt3q5a $CMG $XOMA $EOX $SPXL #CMG #finance #stockCOP ConocoPhillips Dividend…
Emylers
28 Aug 15 10:34:20
CMG Chipotle Mexican Grill Inc. Chart http://t.co/fxYgx9nvIh $CMG $XOMA $EOX $SPXL #CMG #finance #stockCOP ConocoPhillips Dividend…
clayton
28 Aug 15 10:34:19
CMG Chipotle Mexican Grill Inc. Chart http://t.co/IDuGOPm39O $CMG $XOMA $EOX $SPXL #CMG #finance #stockCOP ConocoPhillips Dividend…
clayton
28 Aug 15 10:34:18
CMG Chipotle Mexican Grill Inc. Chart http://t.co/JjsmpxzXvq $CMG $XOMA $EOX $SPXL #CMG #finance #stock
PolgarStocks
28 Aug 15 10:34:18
CMG Chipotle Mexican Grill Inc. Chart http://t.co/nZjRQolKil $CMG $XOMA $EOX $SPXL #CMG #finance #stockCOP ConocoPhillips Dividend…
PolgarStocks
28 Aug 15 10:34:17
CMG Chipotle Mexican Grill Inc. Chart http://t.co/eH2Gz0DSGn $CMG $XOMA $EOX $SPXL #CMG #finance #stockCOP ConocoPhillips Dividend…
PolgarStocks
28 Aug 15 10:34:17
CMG Chipotle Mexican Grill Inc. Chart http://t.co/ibPxK2IxW2 $CMG $XOMA $EOX $SPXL #CMG #finance #stockCOP ConocoPhillips Dividend…
PolgarStocks
28 Aug 15 10:34:16
CMG Chipotle Mexican Grill Inc. Chart http://t.co/skZRSukjSY $CMG $XOMA $EOX $SPXL #CMG #finance #stockCOP ConocoPhillips Dividend…
PolgarStocks
28 Aug 15 10:34:16
CMG Chipotle Mexican Grill Inc. Chart http://t.co/LMK7kxBBIy $CMG $XOMA $EOX $SPXL #CMG #finance #stockCOP ConocoPhillips Dividend…
jim50
28 Aug 15 10:34:14
CMG Chipotle Mexican Grill Inc. Chart http://t.co/l4HB5bw8cc $CMG $XOMA $EOX $SPXL #CMG #finance #stockCOP ConocoPhillips Dividend…
IH News Desk
28 Aug 15 10:34:13
CMG Chipotle Mexican Grill Inc. Chart http://t.co/11SHyolOaZ $CMG $XOMA $EOX $SPXL #CMG #finance #stockCOP ConocoPhillips Dividend…
danrocks
28 Aug 15 10:34:13
CMG Chipotle Mexican Grill Inc. Chart http://t.co/rHgjjxbYXL $CMG $XOMA $EOX $SPXL #CMG #finance #stockCOP ConocoPhillips Dividend…
IH News Desk
28 Aug 15 10:34:13
CMG Chipotle Mexican Grill Inc. Chart http://t.co/LSZRfxCLJr $CMG $XOMA $EOX $SPXL #CMG #finance #stockCOP ConocoPhillips Dividend…
danrocks
28 Aug 15 10:34:12
CMG Chipotle Mexican Grill Inc. Chart http://t.co/crv1Jz5xw0 $CMG $XOMA $EOX $SPXL #CMG #finance #stockCOP ConocoPhillips Dividend…
danrocks
28 Aug 15 10:34:12
CMG Chipotle Mexican Grill Inc. Chart http://t.co/O2IAiRDLer $CMG $XOMA $EOX $SPXL #CMG #finance #stockCOP ConocoPhillips Dividend…
danrocks
28 Aug 15 10:34:10
CMG Chipotle Mexican Grill Inc. Chart http://t.co/50CJLNSbV7 $CMG $XOMA $EOX $SPXL #CMG #finance #stockCOP ConocoPhillips Dividend…
IH News Desk
28 Aug 15 10:32:05
BBEP BreitBurn Energy Partners L.P. Ask Size http://t.co/C2mnh7FSG4 $BBEP $XOMA $XLF $XLU #BBEP #invest #finance
Somanath
28 Aug 15 10:02:09
Jake132013 : XOMA XOMA Ltd. Dividend http://t.co/5J4QmNhc29 $XOMA $UA $GS $MTSL #XOMA #… http://t.co/HEgz3LWjP7) http://t.co/47Cg3WC8kQ
Somanath
28 Aug 15 10:02:03
clayton_dd : XOMA XOMA Ltd. Ex-Div Date http://t.co/fHgxxWJTQY $XOMA $AQXP $BAC $XOM #X… http://t.co/NNXi4jOSB0) http://t.co/hkN8HaqSes
Emylers
28 Aug 15 09:52:40
XOMA ZIOPHARM Oncology, Inc. Ex-Div Date http://t.co/xlC3kNEOLX $XOMA $CNR.TO $DUST $CNR.TO #XOMA #nasdaq #pennystocks
				
				
  +Follow August 22, 2013 12:48PM
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