Tekmira Pharmaceuticals Corporation (TKMR) Stock Dives After Earnings – ValueWalk Premium
Tekmira Pharmaceuticals Corporation TKMR Stock
13Aug

Tekmira Pharmaceuticals Corporation (TKMR) Stock Dives After Earnings

Investors in Tekmira Pharmaceuticals Corporation (NASDAQ:TKMR) (TSE:TKM) might be greeted with a rude awakening Thursday morning, as the company missed its earnings estimates and badly whiffed on revenue.  Shares of the stock were halted late in the afternoon pending the earnings announcement.  In after hours trading, the stock is sharply lower, moving back to test support near the stock's 200 day moving average, which is currently at $15.87.


Tekmira Pharmaceuticals reports second quarter losses
Tekmira Pharmaceuticals Corporation (NASDAQ:TKMR) (TSE:TKM) reported . . .

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Author

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

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