SIGA Drops 0.34% on Q1 Loss
Thursday, May 15, 2025 6:35 pm ET
2min read SIGA Technologies (SIGA) has declined by 0.17% over the past two days, marking a 0.34% drop in the last two days.
The strategy of buying SIGA shares after they reached a recent peak and holding for 1 week resulted in a loss of 2.67% over the past 5 years. This indicates that this strategy has not been profitable for SIGA shares. The negative return suggests that the peak price was not a reliable indicator of future performance, or that the holding period was too short to capture any potential rebound.SIGA Technologies' stock price has been influenced by the company's first-quarter earnings report for 2025. The report revealed a loss of US$0.006 per share, a stark contrast to the profit of US$0.14 per share reported in the same quarter of 2024. This significant shift in financial performance has likely impacted investor sentiment, contributing to the recent decline in the stock price.
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