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ImmunoGen Stock Bullish Momentum With A 21% Rise At Session Start On Friday

ImmunoGen Stock Bullish Momentum With A 21% Rise At Session Start On Friday
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(VIANEWS) - Shares of ImmunoGen (NASDAQ: IMGN) rose by a staggering 21.18% to $5.24 at 10:25 EST on Friday, after three consecutive sessions in a row of gains. NASDAQ is rising 0.01% to $12,143.81, after two sequential sessions in a row of gains. This seems, up to now, a somewhat up trend exchanging session today.

ImmunoGen's last close was $4.32, 34.84% under its 52-week high of $6.63.

About ImmunoGen

ImmunoGen, Inc., a commercial-stage biotechnology company, focuses on developing and commercializing the antibody-drug conjugates (ADCs) for cancer patients. The company's product candidates include mirvetuximab soravtansine, an ADC targeting folate-receptor alpha (FRa), for the treatment of platinum-resistant ovarian cancer; and a cell-surface protein expressed in various epithelial tumors, including ovarian, endometrial, and non-small-cell lung cancers, as well as Pivekimab sunirine, a CD123-targeting ADC that is in Phase II clinical trial for treating acute myeloid leukemia and blastic plasmacytoid dendritic cell neoplasm. Its preclinical programs include IMGC936, an ADC in co-development with MacroGenics, Inc.; and IMGN151, an anti-FRa product candidate. The company has collaborations with Roche; Amgen/Oxford BioTherapeutics; Bayer HealthCare AG; Eli Lilly and Company; Novartis Institutes for BioMedical Research, Inc.; CytomX Therapeutics, Inc.; Fusion Pharmaceuticals Inc.; Debiopharm International SA; and MacroGenics, Inc. ImmunoGen, Inc. was founded in 1980 and is headquartered in Waltham, Massachusetts.

Earnings Per Share

As for profitability, ImmunoGen has a trailing twelve months EPS of $-0.91.

The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is negative -92.61%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

ImmunoGen's EBITDA is -14.11.

Yearly Top and Bottom Value

ImmunoGen's stock is valued at $5.24 at 10:25 EST, way under its 52-week high of $6.63 and way higher than its 52-week low of $3.10.

More news about ImmunoGen (IMGN).

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