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Why BioCryst Pharmaceuticals Stock Is Soaring Today

TheMotleyFool

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Why BioCryst Pharmaceuticals Stock Is Soaring TodayPhoto, wide shot, wide-angle lens, Biotech company, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Sebastião Salgado: https://img.theapi.app/temp/80e18bfd-1ff8-4487-af62-1cdb7de1ceb6.png

Shares of BioCryst Pharmaceuticals (NASDAQ: BCRX) were soaring 14.5% higher as of 10:51 a.m. EDT on Thursday. The big gain came after the drugmaker provided its first-quarter update before the market opened.

BioCryst had plenty of good news to share in its quarterly update. The company reported total revenue in Q1 of $19.1 million, more than doubling the consensus Wall Street revenue estimate of $8.9 million.

Image source: Getty Images.

Source Fool.com

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