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Why Tyme Stock Got Demolished Today

TheMotleyFool

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Shares of Tyme Technologies (NASDAQ: TYME) were down by 36% as of 1:05 p.m. EST today, after the company reported fiscal third-quarter results. Tyme also launched an at-the-market (ATM) stock offering.

The clinical-stage biotech company said that it presented preliminary supporting data from its TYME-88-Panc pivotal study at a conference last month, which showed the potential role of its SM-88 (racemetyrosine) in advanced pancreatic cancer.

Image source: Getty Images.

Source Fool.com

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