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ARS Pharmaceuticals beat earnings forecasts, sending its stock soaring; company develops a needle-free epinephrine nasal spray.
ARS Pharmaceuticals reported earnings of $0.52 per share, exceeding analysts' expectations by $0.61.
The stock surged to $14.47, up $2.82.
The company is developing a needle-free epinephrine nasal spray for severe allergic reactions.
ARS has a market cap of $1.41 billion, a PE ratio of -29.07, and a beta of 1.03.
It has a consensus "Buy" rating and a $31.00 price target.
Director Laura Shawver recently sold a significant portion of her shares.
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ARS Pharmaceuticals supera los pronósticos de ganancias, enviando su stock en aumento; la compañía desarrolla un aerosol nasal de epinefrina sin aguja.