What Next for Aurinia Pharmaceuticals Inc Stock After Today’s Huge Decline?

 What Next for Aurinia Pharmaceuticals Inc Stock After Today's Huge Decline?

The stock of Aurinia Pharmaceuticals Inc (TSE:AUP) is a huge mover today! About 55,204 shares traded hands. Aurinia Pharmaceuticals Inc (TSE:AUP) has risen 63.28% since March 10, 2016 and is uptrending. It has outperformed by 57.67% the S&P500.
The move comes after 9 months negative chart setup for the $184.73 million company. It was reported on Oct, 17 by Barchart.com. We have $4.65 PT which if reached, will make TSE:AUP worth $20.32 million less.

Aurinia Pharmaceuticals Inc. is a Canada clinical-stage biopharmaceutical firm operating in the field of nephrology and autoimmunity. The company has a market cap of $184.73 million. The Company’s primary business is the development of a therapeutic drug to treat autoimmune diseases, in particular lupus nephritis . It currently has negative earnings. It is focused on the development of its lead compound voclosporin, a therapeutic immunomodulating drug candidate, which is a second-generation calcineurin inhibitors (CNI) to treat patients afflicted with LN.

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