Sesen Bio (SESN) Stock: Here’s Why It’s Up!

Nov 08 15:11 2018 Print This Article

Sesen Bio Inc (NASDAQ: SESN) is having a great start to the trading session this morning, and for good reason. The company announced its financial results for the third quarter and announced the upcoming data readout from a key clinical trial. As you could imagine, the news proved to be overwhelmingly exciting to investors, sending the stock on a run for the top. Today, we’ll talk about:

The earnings and coming data readout;

what we’re seeing from the stock; and

what we’ll be watching for with regard to SESN ahead.

SESN Climbs On Earnings And Coming Data Readout

As mentioned above, Sesen Bio is having an incredibly strong start to the trading session this morning after the company provided a financial update and announced a coming data readout. In terms of the data, the company said that it is expecting to report six-month updated data from the VISTA trial in December of this year. It is also on track to report 12-month data in mid-2019. Here’s what we saw from the financial results:

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