Why Seagen Shares Are Tumbling 12.5% Today
Even though Seagen (NASDAQ: SGEN) reported top-line and bottom-line third-quarter financial results that were better than analysts' forecast, its shares were falling 12.5% at 11:40 a.m. EDT on Friday.
The launch of new cancer treatments this year continue to drive significant revenue growth for the biotech company.
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Source Fool.com