MacroGenics shares rise 21.61% intraday after reporting strong 2025 financial results and key 2026 product milestones.
ByAinvest
Tuesday, Mar 10, 2026 10:51 am ET1min read
MGNX--
Macrogenics surged 21.61% intraday, driven by the company reporting stronger-than-expected 2025 financial results (revenue of $149.5 million exceeding forecasts by $13.38 million, and GAAP losses of $1.18 per share outperforming expectations), a $189.9 million cash balance extending its runway through 2027, and key 2026 product pipeline milestones including IND submissions and Phase 1 data disclosures for MGC030, MGC026, and MGC028.
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