Why Adaptive Biotechnologies Topped the Market Today
ADPTAdaptive Biotechnologies(ADPT) The Motley Fool·2024-05-09 06:43

A double beat on earnings, plus positive adjustments to certain guidance items, lifted the company's shares. Adaptive Biotechnologies (ADPT 2.25%), a company that, in its own words, "aims to translate the genetics of the adaptive immune system into clinical products to diagnose and treat disease," was the cure for the stock market blahs on Wednesday. The commercial-stage biotech reported encouraging quarterly results, and investors signaled approval by trading the stock up by more than 2%. By contrast, the ...