Iovance falls after missing Q2 expectation

3 hours ago 1
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Iovance Biotherapeutics (NASDAQ:IOVA) shares tanked after the company failed to meet top-line as well as bottom-line expectations.

The company reported a quarterly revenue of $60M, missing estimate by $7.14M, hurt by sales of Proleukin. It also posted a loss per share of $0.33, falling short of analysts

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