On October 29, Iovance Biotherapeutics, Inc. rose 11.01% in Pre-Market Trading, trading at $16.42/share, with turnover of $194.9 thousand.
The clearest catalyst was the company’s announcement that it would host a webcast to present positive data for TIL therapy in metastatic non-small cell lung cancer and outline its broader precision medicine strategy, which directly increased market attention ahead of the session.
Supporting the move, the company previously raised its full-year revenue guidance to $410 million-$420 million from $350 million-$370 million, citing strong demand for Amtagvi and Proleukin. It is also scheduled to report quarterly results on November 5, with consensus expectations for revenue of $116 million, up 59.56% year over year, and adjusted EPS of negative $0.09, reflecting continued commercialization momentum and narrowing losses.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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