Small Cap Losers: ATOS, NEXT, CMTL
4:54 pm Wednesday, June 09th, 2021
Atossa Therapeutics Inc (NASDAQ: ATOS) fell over 21.50% to $4.77. The company Announced final data from its Phase 2 study of oral Endoxifen administered in the “window of opportunity” between diagnosis of breast cancer and surgery. The primary endpoint was met; reduction in Ki-67 was achieved; Ki-67 was reduced below 25% for all patients, which is “potentially clinically meaningful”. Endoxifen was considered safe and well tolerated. Co has begun the formal non-clinical toxicology program that will be needed for NDA submission. Pulls back from yesterday’s two-year highs.
Nextdecade Corp (NASDAQ:NEXT) slumped 20% to $4.44 on continued volatility; moves lower after gaining approx. +128% through the previous two sessions following analyst upgrades. NextDecade Corporation, a liquefied natural gas (LNG) development company, engages in the development activities related to the liquefaction and sale of LNG. It focusses on the development activities of Rio Grande LNG terminal facility located in the Port of Brownsville, southern Texas. The company is headquartered in Houston, Texas.
Comtech Telecomm. Corp. (NASDAQ: CMTL) corrected 14.50% to $21.95. The company reported Q3 EPS of $0.26, $0.27 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $139.4 million versus the consensus estimate of $140.39 million.
Comtech Telecommunications Corp. designs, develops, produces, and markets products, systems, and services for communications solutions in the United States and internationally. It operates in two segments, Commercial Solutions and Government Solutions. The Commercial Solutions segment offers satellite ground station technologies, including modems, amplifiers, frequency converters, and network software to modulate, demodulate, and amplify signals, as well as to carry voice, video, and/or data over networks; and public safety and location technologies covering 911 call routing solutions that allow cellular carriers and over the Internet carriers to deliver emergency calls to public safety emergency call centers.
