Mid Cap Companies with Strong Market cap: $GH $IMMU $WYNN

The Market Signal was created as a platform to help investors, if you own (NASDAQ:GH), (NASDAQ:IMMU) or (NASDAQ:WYNN), and want to join the fastest growing community of investors on the web then sign up to the link below. Members get free access to the best investment tools in the world. Start trading like a pro today. This is a limited time offer so click the link below NOW.

https://themarketsignal.com/Free-Report/NOW
(Click link above or copy, paste and hit enter in your browser for your report)

Guardant Health Receives Emergency Authorization From FDA For Guardant

https://themarketsignal.com/Free-Report/GH

(Click link above or copy, paste and hit enter in your browser for your report)

Guardant Health Inc (NASDAQ:GH) has one of the highest market capitalizations in the mid-cap category of $9.46 billion. The company has announced that it has received emergency use authorization from the FDA for its COVID-19 test. The FDA approved the Guardant-19 test in the detection of SARS-CoV-2. The test enables the nasal swab test to be returned the following day.

The test is a reverse transcriptase-polymerase chain reaction next-gen sequencing which can detect SARS-CoV-2 nucleic acid in nasal specimens. The test has validated limit detection of around 125 copies per mL with results given within a day. The largely multiplexed testing workflow employed can scale to more than 10,000 tests in a day.

Immunomedics, Announce FDA Approval OF Trodelvy(TM) Production By Samsung Biologics

https://themarketsignal.com/Free-Report/IMMU

(Click link above or copy, paste and hit enter in your browser for your report)

Immunomedics, Inc. (NASDAQ:IMMU) market cap is also among the largest in the mid-cap category and it is around $9.46 billion. The company has announced that the FDA has granted Samsung Biologics a Prior Approval Supplement for the production of commercial-scale hRS7 antibody used in Trodelvy at the Incheon South Korea facility. Trodelvy is the first FDA-approved ADC for the treatment of metastatic triple-negative breast cancer patients. It has a hRS7 antibody which binds to the Trop-2 cells service protein that is expressed in most solid cancers.

John Stubenrauch the SVP of Global Product Supply stated that this is a huge milestone that enhances the ability of the company to supply the product to the US.

Wynn Resorts, Limited Misses Q2 2020 Analyst Earnings And Revenue Estimates

https://themarketsignal.com/Free-Report/WYNN

(Click the link above or copy, paste and hit enter in your browser for your report)

Wynn Resorts, Limited (NASDAQ:WYNN) whose market cap is $9.33 billion is also among the highest market caps in the mid-cap category. In the second quarter, the Casino operator lost almost 95% of its revenue with the company reporting revenue of $85.7 million down from $1.66 billion in Q2 2019. The results missed analysts' estimates of revenue of $275.2 million.

The company lost $637.6 million or $5.97 per share which is a drop from net income of $0.88 per share a year ago. The adjusted loss was $4.94 per share while analysts anticipated loss per share of $4.91. at the end of the quarter, the company had cash of $3.8 billion and total debt of $12.78 billion.

Please email or contact us for any edits or errors relating to this stock market news.

If you would like information on using our press release distribution service aimed at helping investors with the best stocks to buy and how to create your own stock portfolio. We cover the US Stock Market, Canadian Stock Market, the Australian Stock Market and other Stock Market news.

We will get back to you within 24 hours.

Disclaimer

comtex tracking

COMTEX_370546679/2700/2020-09-02T06:28:23

Is there a problem with this press release? Contact the source provider Comtex at editorialpr@comtex.com.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.