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Benzinga
Benzinga
Business
Henry Khederian

Here's Why Absci Corp Shares Are Falling

Absci Corp (NASDAQ:ABSI) shares are trading lower by 9.2% at $6.79 after the company reported fourth-quarter earnings results.

Absci reported quarterly losses of 28 cents per share. The company also reported $1.45 million in sales this quarter. This is a 47% decrease over sales of $2.73 million in the same period last year.

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