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CervoMed reported a larger-than-expected quarterly loss and revenue far below estimates, with rising short interest and a stock price of $4.31 as of March 16, 2026.
CervoMed Inc. (CRVO) reported a quarterly loss of $0.88 per share, missing estimates by $0.09, and revenue of $10,000, far below the expected $840,000, as of March 13, 2026.
Short interest rose 17.9% to 296,365 shares by February 27, with 5.0% of shares sold short.
The stock closed at $4.31 on March 16, up $0.06, with below-average volume.
The company, a Boston-based biotech founded in 2010, is developing neflamapimod for neurodegenerative diseases and EIP200 in preclinical trials.
Analysts expect a full-year loss of $1.88 per share, with ratings ranging from "buy" to "sell."
Institutional investors own 25.15% of shares.
CervoMed informó de una pérdida trimestral mayor de lo esperado y de unos ingresos muy por debajo de las estimaciones, con un aumento del interés corto y un precio de la acción de 4,31 dólares a fecha de 16 de marzo de 2026.