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OmniAb CEO sold shares as the biotech firm reported a smaller-than-expected loss.
OmniAb Inc., a biotech firm focused on therapeutic antibody technologies, saw its CEO, Matthew W. Foehr, sell 19,382 shares on April 7, 2021, at $2.00 each, reducing his ownership by 0.51%.
Insider Charles S. Berkman also sold shares.
The company reported a net loss of $0.12 per share in its latest earnings report, slightly better than expected.
OmniAb's stock, valued around $2.09 at the time, has a market cap of $255.26 million.
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OmniAb CEO vendió acciones ya que la empresa biotecnológica reportó una pérdida menor de lo esperado.