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Xeris Pharmaceuticals' (XERS) share price took a huge hit following the FDA decision to extend Gvoke’s PDUFA date by 90 days due to a major amendment to the NDA. I jumped on the opportunity to add to my speculative position. Since then, the share price has recovered and is holding just below $12 per share. Now, I am waiting for the volatility to pick up in order to add to my position for a long-term hold in XERS.
I believe the current market cap doesn’t reflect the company’s commercial prospects. I intend to