REGENXBIO (RGNX) Stock Drops Despite Profit Surprise And Longer Cash Runway
Simply Wall St reports REGENXBIO (RGNX) fell about 5% to $10.72 after Q2 results. The company reported Q2 revenue of about $108.0 million versus $21.4 million a year earlier, net income of $22.7 million versus a $70.9 million loss, and basic EPS of about $0.43. The article cites an extended cash runway supported by AbbVie funding and an equity raise, while noting ongoing regulatory and safety risks.





