NasdaqCM:VTVTBiotechs
vTv Therapeutics (VTVT) Stock Rises Despite Widening Losses And Zero Revenue
vTv Therapeutics stock inched up 2.2% to US$35.37 heading into the first full trading day after earnings, even as the headline told a harsher story. Q2 flipped sharply back into loss making territory, with basic earnings per share swinging to a loss of US$1.05 and revenue dropping to zero after a one off US$36.84m in Q1.
The short term relief rally sits against a tougher long term picture. vTv Therapeutics remains unprofitable over the past year.
Is vTv Therapeutics trading at a genuine...