Puma stock slumps 15% as Q4 sees loss on lawsuit settlement; impact on Nerlynx sales in Q1

Puma stock slumps 15% as Q4 sees loss on lawsuit settlement; impact on Nerlynx sales in Q1

Puma stock slumps 15% as Q4 sees loss on lawsuit settlement; impact on Nerlynx sales in Q1

mohd izzuan

Puma Biotechnology (NASDAQ:PBYI) stock fell ~15% on Friday after the company saw a loss in Q4, despite rise in revenue.

Adjusted net loss was -$3M, compared to non-GAAP adjusted net income of $8.4M in Q4 2021. Net loss was -$5.6M, compared to net income of $4.2Min Q4

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