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flag Theralase shares fell 4.6% despite strong earnings and positive guidance.

flag Theralase Technologies (CVE:TLT) shares dropped 4.6% to close at C$0.31 on Friday, with trading volume up 10% above average. flag The Canadian clinical-stage company, developing light-activated therapies for cancer and infections and laser technology for musculoskeletal pain, reported strong quarterly earnings and updated 2026 guidance, yet investor sentiment remains divided on whether to buy or sell despite a negative P/E ratio and low stock volatility.

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