|Daily Range||$9.80 - $10.64|
|52-Week Range||$6.22 - $21.44|
|Dividend (Yield)||$0.00 (0.0%)|
|Average Daily Volume||36,827|
|Current FY EPS||-$1.41|
AMBIT BIOSCIENCES CORP COM USD0.001 (AMBI) Description
AMBIT BIOSCIENCES CORP COM USD0.001 Website: http://www.ambitbio.com/
News & Commentary
With 11 major biotech events this week, Part 1 of this two-part series looks at four FDA influenced actions of the week, including two fresh drug approvals, as well as a monster of a collaborative deal that could be worth billions for one lucky company!
Major market benchmarks managed to minimize their losses, but not every stock was so lucky. Express dropped 23%, Ambit Biosciences plunged 33%, and Thompson Creek Metals declined almost 10%. Find out what's behind the steep drops these stocks suffered.
Ambit is told "Do not pass go. Do not collect an accelerated pathway to approval," by the FDA, and shares plunge.