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Puma Biotechnology (PBYI) is a pharmaceutical company producing drugs used in cancer treatments. Their main product is Nerylinx, a compound used to treat breast cancer, specifically those that are HER-2 positive.
The company has seen much volatility in terms of earnings and price. Having reached peaks of almost $250/sh the company now trades at a mere $10 per share. Most recently, the company produced disappointing results, with sales of their main product Nerlynx producing revenues below expectations. Below we can see the latest quarterly results.