Absci Stock Plunges 6.4% on Earnings, Sales Drop

Generado por agente de IAAinvest Pre-Market Radar
miércoles, 13 de agosto de 2025, 4:37 am ET1 min de lectura
ABSI--

On August 13, 2025, Absci's stock price dropped by 6.4% in pre-market trading, reflecting significant market sentiment shifts.

Absci Corporation recently reported a net loss of $56.9 million for the first half of the year, with research and development expenses increasing by 34%. The company's liquidity stands at $117.5 million, bolstered by $20 million from an AMDAMD-- PIPE and $60.6 million from subsequent equity proceeds, which provide near-term funding stability.

In a notable development, Absci's sales plummeted by 54% in August 2025, as reported by The Motley Fool. This significant decline in revenue highlights the challenges the company is facing in maintaining its market position and financial health.

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