Adaptive Biotechnologies (ADPT) News Today

$3.80
+0.30 (+8.57%)
(As of 05/13/2024 ET)
Adaptive Biotechnologies (NASDAQ:ADPT) Shares Gap Up Following Earnings Beat
Adaptive Biotechnologies (NASDAQ:ADPT) Shares Gap Up on Earnings Beat
Adaptive Biotechnologies (NASDAQ:ADPT) Issues Quarterly Earnings Results
Adaptive Biotechnologies (NASDAQ:ADPT - Get Free Report) posted its earnings results on Tuesday. The company reported ($0.33) earnings per share for the quarter, beating analysts' consensus estimates of ($0.35) by $0.02. The company had revenue of $41.87 million for the quarter, compared to analyst estimates of $38.78 million. Adaptive Biotechnologies had a negative return on equity of 53.65% and a negative net margin of 132.29%. The company's revenue for the quarter was up 11.2% on a year-over-year basis. During the same quarter last year, the company earned ($0.40) earnings per share.
Adaptive Biotechnologies: Q1 Earnings Snapshot
Adaptive Biotechnologies Q1 Loss decreases, beats estimates
abrdn plc Invests $4.58 Million in Adaptive Biotechnologies Co. (NASDAQ:ADPT)
abrdn plc purchased a new position in shares of Adaptive Biotechnologies Co. (NASDAQ:ADPT - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 933,794 shares of the company's stock, val
Adaptive Biotechnologies Co. (NASDAQ:ADPT) Short Interest Update
Adaptive Biotechnologies Co. (NASDAQ:ADPT - Get Free Report) was the target of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 9,100,000 shares, a growth of 7.6% from the March 15th total of 8,460,000 shares. Approximately 6.6% of the company's stock are short sold. Based on an average daily volume of 1,490,000 shares, the days-to-cover ratio is currently 6.1 days.
Adaptive Biotechnologies Co. (NASDAQ:ADPT) Given Average Rating of "Moderate Buy" by Analysts
Adaptive Biotechnologies Co. (NASDAQ:ADPT - Get Free Report) has received an average rating of "Moderate Buy" from the five brokerages that are presently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating and three have given a buy rating t
Adaptive Biotechnologies (NASDAQ:ADPT) PT Lowered to $5.00 at BTIG Research
BTIG Research lowered their target price on Adaptive Biotechnologies from $6.00 to $5.00 and set a "buy" rating for the company in a report on Thursday.
ARK Investment Management LLC Boosts Position in Adaptive Biotechnologies Co. (NASDAQ:ADPT)
ARK Investment Management LLC raised its stake in shares of Adaptive Biotechnologies Co. (NASDAQ:ADPT - Free Report) by 11.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,806,513 shares of the company'
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Adaptive Biotechnologies (NASDAQ:ADPT) Stock Price Down 4.2%
Adaptive Biotechnologies (NASDAQ:ADPT) Trading Down 4.2%
Adaptive Biotechnologies (NASDAQ:ADPT) Trading Up 7.4%
Adaptive Biotechnologies (NASDAQ:ADPT) Stock Price Up 7.4%
Adaptive Biotechnologies (NASDAQ:ADPT) Shares Gap Down to $3.99
Adaptive Biotechnologies (NASDAQ:ADPT) Shares Gap Down to $3.99
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ADPT Media Mentions By Week

ADPT Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

ADPT
News Sentiment

0.36

0.58

Average
Medical
News Sentiment

ADPT News Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

ADPT Articles
This Week

19

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ADPT Articles
Average Week

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This page (NASDAQ:ADPT) was last updated on 5/13/2024 by MarketBeat.com Staff

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