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Avid Bioservices (CDMO) shares rallied 9% in the last trading session to close at $5.47. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 38.9% loss over the past four weeks.
Increasing revenues on the back of new business deals is driving the company's prospect, leading to higher share prices.
This contract manufacturer is expected to post quarterly loss of $0.09 per share in its upcoming report...
>>> Read more: Avid Bioservices (CDMO) Moves 9.0% Higher: Will This Strength Last?
Increasing revenues on the back of new business deals is driving the company's prospect, leading to higher share prices.
This contract manufacturer is expected to post quarterly loss of $0.09 per share in its upcoming report...
>>> Read more: Avid Bioservices (CDMO) Moves 9.0% Higher: Will This Strength Last?
