Ultragenyx (RARE) Moves 7.8% Higher: Will This Strength Last?
Ultragenyx Pharmaceutical(RARE) ZACKS·2024-06-13 18:16
For Ultragenyx, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on RARE going forward to see if this recent jump can turn into more strength down the road. The stock rallied after the company, along with its partner Mereo BioPharma, announced new positive 14- month data from the phase II portion of the phase II/III Orbit stud ...