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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
Greg
7 Jul 15 08:22:03
Added a bit of $XOMA at 3.76. We'll see if it holds up...
Wall Street
7 Jul 15 08:09:50
The Penny Stock Superstar team voted #1 OTC trading group. http://t.co/cQ0lLTokka Related: $XOMA $POZN $MFA $OPXA $WRES
Mark Trader
7 Jul 15 07:51:55
100% non-compensated picks at http://t.co/R6BGOmTldH. That is awesome. Related: $ARO $GSAT $PDLI $SPHS $XOMA $BIOS
Kendall Trade
7 Jul 15 07:39:36
$XOMA down down...
Hero Stick
7 Jul 15 07:20:24
All out of $XOMA cut my profits in half. Don't like the way it is trading. Any bump gets sold. Was never planing on holding through.
Kendall Trade
7 Jul 15 07:16:36
$XOMA collapses..
FonsieTrader
7 Jul 15 06:45:06
$XOMA Worth Watching here http://t.co/qwPfAkIPld
Alexander Morris
7 Jul 15 06:33:03
$XOMA: At/Above 200DaySMA[-3.88]:4d, lm:+3, 1NearLo, PrvCHi, tf:0111110, ch:-1.0%, medFlt:94M, HiPctSht[23%:4d]; TLM:0.7; ILM:0.8
BreakingStocksNews
7 Jul 15 05:39:04
$OMG $XOMA: OM Group, Inc. (NYSE:OMG), RCS Capital Corp (NYSE:RCAP): http://t.co/LBzW1Od43G
Penny Stock Secret
7 Jul 15 04:46:18
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alan caldwell
7 Jul 15 04:23:16
$XOMA crosses 200 and 21 DMA $VSAR crosses 200 50 and 21 DMA $PTX $IMGN $AGEN crosses 21 DMA
IVolatility
7 Jul 15 02:56:53
Stocks with implied volatility movement; Herbalife $HLF 57, XOMA $XOMA 292 according to iVolatility.
Penny Stockington
7 Jul 15 01:58:26
$SUTI Has Gained 66.67%, Since Our Penny Stock Blog Alert! Huge News: http://t.co/llIxl7uvGj $AIQ $BBX $XOMA
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7 Jul 15 01:35:55
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7 Jul 15 01:35:20
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7 Jul 15 01:31:08
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7 Jul 15 01:30:36
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7 Jul 15 01:28:59
Our Stock Pick On $PPCH Is Up 370% For Our Subscribers, Since Our Original Release At .02! Huge News: http://t.co/Ab9x726B1J $AIQ $BBX $XOMA
Stockaholics
7 Jul 15 01:26:07
$SUTI Has Now Seen 400% Gains In The Past 2 Weeks! Special Update: http://t.co/l1zbyeF3OQ $AIQ $BBX $XOMA
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7 Jul 15 01:20:28
Our Penny Stock Newsletter Alerts Gained 200% In 2 Weeks! Get Our Next Pick Early: http://t.co/4eX1MHBloV $AIQ $BBX $XOMA
brian sweetheart
7 Jul 15 00:26:17
Voted top trading group. http://t.co/5eVXN8RJLp Related: $AEZS $ACI $HOV $XOMA $SNTA $OPXA $RENN
danrocks
6 Jul 15 23:49:10
XOMA XOMA Ltd. Quotes http://t.co/74flUR0Rh7 $XOMA $LLY $DIS $NEM #XOMA #stockmarket #share
danrocks
6 Jul 15 23:49:10
XOMA XOMA Ltd. Quotes http://t.co/FMPdJOvT3E $XOMA $LLY $DIS $NEM #XOMA #stockmarket #share
Investors Hangout
6 Jul 15 23:35:40
A Agilent Technologies, Inc. Dividend http://t.co/nOhxfBm4j6 $A $OIL $QLD $XOMA #A #stock #financeAA Alcoa, Inc. Current Price…
Investors Hangout
6 Jul 15 23:35:38
A Agilent Technologies, Inc. Dividend http://t.co/o1f0uK49qI $A $OIL $QLD $XOMA #A #stock #financeAA Alcoa, Inc. Current Price…
Investors Hangout
6 Jul 15 23:35:36
A Agilent Technologies, Inc. Dividend http://t.co/G8nqQkFQDu $A $OIL $QLD $XOMA #A #stock #financeAA Alcoa, Inc. Current Price…
Investors Hangout
6 Jul 15 23:35:30
A Agilent Technologies, Inc. Dividend http://t.co/IaDWSkcANU $A $OIL $QLD $XOMA #A #stock #financeAA Alcoa, Inc. Current Price…
Investors Hangout
6 Jul 15 23:35:23
A Agilent Technologies, Inc. Dividend http://t.co/DXXhh8KlWi $A $OIL $QLD $XOMA #A #stock #financeAA Alcoa, Inc. Current Price…
Lucky Jimmy
6 Jul 15 23:32:41
A Agilent Technologies, Inc. Dividend http://t.co/B3OH7wACRp $A $OIL $QLD $XOMA #A #stock #financeAA Alcoa, Inc. Current Price…
Investors Hangout
6 Jul 15 23:32:22
AMBA Ambarella, Inc. Day High http://t.co/xNqvS1MEpP $AMBA $ASHR $XOMA $XLE #AMBA #tradeideas #stocks
Stock_Tracker
6 Jul 15 23:32:20
A Agilent Technologies, Inc. Dividend http://t.co/dKZaCHuRX5 $A $OIL $QLD $XOMA #A #stock #financeAA Alcoa, Inc. Current Price…
Stock_Tracker
6 Jul 15 23:32:20
A Agilent Technologies, Inc. Dividend http://t.co/8PQrNk1Ktw $A $OIL $QLD $XOMA #A #stock #financeAA Alcoa, Inc. Current Price…
lookn4wins
6 Jul 15 23:32:19
A Agilent Technologies, Inc. Dividend http://t.co/okqkZCOjoU $A $OIL $QLD $XOMA #A #stock #financeAA Alcoa, Inc. Current Price…
Stock_Tracker
6 Jul 15 23:32:19
A Agilent Technologies, Inc. Dividend http://t.co/j09wESpbRU $A $OIL $QLD $XOMA #A #stock #financeAA Alcoa, Inc. Current Price…
IH News Desk
6 Jul 15 23:32:18
A Agilent Technologies, Inc. Dividend http://t.co/ivH3bAJPjs $A $OIL $QLD $XOMA #A #stock #financeAA Alcoa, Inc. Current Price…
danrocks
6 Jul 15 23:32:18
A Agilent Technologies, Inc. Dividend http://t.co/1NScH1Xu9L $A $OIL $QLD $XOMA #A #stock #financeAA Alcoa, Inc. Current Price…
Stock_Tracker
6 Jul 15 23:32:18
A Agilent Technologies, Inc. Dividend http://t.co/XuN72CTbxE $A $OIL $QLD $XOMA #A #stock #financeAA Alcoa, Inc. Current Price…
IH News Desk
6 Jul 15 23:32:18
A Agilent Technologies, Inc. Dividend http://t.co/NsBBLMHidb $A $OIL $QLD $XOMA #A #stock #financeAA Alcoa, Inc. Current Price…
danrocks
6 Jul 15 23:32:17
A Agilent Technologies, Inc. Dividend http://t.co/RxY8kjx0PI $A $OIL $QLD $XOMA #A #stock #financeAA Alcoa, Inc. Current Price…
IH News Desk
6 Jul 15 23:32:17
A Agilent Technologies, Inc. Dividend http://t.co/PAAa1hwA6e $A $OIL $QLD $XOMA #A #stock #financeAA Alcoa, Inc. Current Price…
Stock_Tracker
6 Jul 15 23:32:17
A Agilent Technologies, Inc. Dividend http://t.co/drusKams7Y $A $OIL $QLD $XOMA #A #stock #financeAA Alcoa, Inc. Current Price…
Lucky Jimmy
6 Jul 15 23:32:17
A Agilent Technologies, Inc. Dividend http://t.co/V2ZWBomwWc $A $OIL $QLD $XOMA #A #stock #financeAA Alcoa, Inc. Current Price…
danrocks
6 Jul 15 23:32:17
A Agilent Technologies, Inc. Dividend http://t.co/lxJ2c4fwjP $A $OIL $QLD $XOMA #A #stock #financeAA Alcoa, Inc. Current Price…
Stock_Tracker
6 Jul 15 23:32:16
A Agilent Technologies, Inc. Dividend http://t.co/vHCneKgTBb $A $OIL $QLD $XOMA #A #stock #finance
Lucky Jimmy
6 Jul 15 23:32:16
A Agilent Technologies, Inc. Dividend http://t.co/dLHWOM1EQs $A $OIL $QLD $XOMA #A #stock #financeAA Alcoa, Inc. Current Price…
IH News Desk
6 Jul 15 23:32:16
A Agilent Technologies, Inc. Dividend http://t.co/IJ5MEXVBy6 $A $OIL $QLD $XOMA #A #stock #financeAA Alcoa, Inc. Current Price…
danrocks
6 Jul 15 23:32:15
A Agilent Technologies, Inc. Dividend http://t.co/zozArAaNuL $A $OIL $QLD $XOMA #A #stock #financeAA Alcoa, Inc. Current Price…
Lucky Jimmy
6 Jul 15 23:32:15
A Agilent Technologies, Inc. Dividend http://t.co/wPTWmmBYdU $A $OIL $QLD $XOMA #A #stock #financeAA Alcoa, Inc. Current Price…
IH News Desk
6 Jul 15 23:32:14
A Agilent Technologies, Inc. Dividend http://t.co/3oeDVuaBkU $A $OIL $QLD $XOMA #A #stock #financeAA Alcoa, Inc. Current Price…
danrocks
6 Jul 15 23:32:13
A Agilent Technologies, Inc. Dividend http://t.co/EGKp5sSid0 $A $OIL $QLD $XOMA #A #stock #financeAA Alcoa, Inc. Current Price…
				
				
  +Follow August 22, 2013 12:48PM
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