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Benzinga
Benzinga
Business
Henry Khederian

EXPLAINED: Why chemocentryx shares are popping off | Vintage Vibes

ChemoCentryx Inc (NASDAQ:CCXI) shares are trading higher by 21.45% at $19.00 after the company reported first-quarter results.

ChemoCentryx reported quarterly losses of 55 cents per share which missed the analyst consensus estimate of a loss of 30 cents. The company also reported quarterly sales of $5.46 million which missed the analyst consensus estimate of $22.04 million.

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