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Cue Biopharma (NASDAQ:CUE) Shares Gap Down - Here's Why
Cue Biopharma (NASDAQ:CUE) experienced a significant gap down in its stock price, opening at $11.06 after closing at $16.6260, and later trading at $15.5140. Despite a recent “Buy” rating from Wall Street Zen, the overall analyst sentiment averages to a “Sell,” reflecting the company’s unprofitability with negative net margin and ROE, alongside a negative P/E ratio. The clinical-stage biotechnology firm, which is developing a Cytokine Release & Targeting (CRT) platform, reported quarterly EPS of $0.30 and revenue of $21.94 million.