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Tonix Pharmaceuticals reports a big loss but its stock surges, getting a "sell" rating despite the gain.
Tonix Pharmaceuticals (TNXP) reported a quarterly loss of $9.77 per share, missing analyst estimates by $3.54.
Despite the loss, the company's stock rose $4.25 on the release day, with trading volume at 2.55 million shares.
StockNews.com initiated coverage with a "sell" rating.
The stock experienced a further 18.55% increase on March 14, 2025, closing at $19.30, likely due to positive trial results, though this was not confirmed.
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Tonix Pharmaceuticals reporta una gran pérdida, pero su stock aumenta, obteniendo una calificación de "venta" a pesar de la ganancia.