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Benzinga

Business

Henry Khederian

Why Tonix Pharmaceuticals (TNXP) Stock Is Climbing This Week

Tonix TNXP Tonix Pharmaceuticals Tonix Pharmaceuticals Holding Corp

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Shares of Tonix Pharmaceuticals Holding Corp (NASDAQ:TNXP) are building on recent gains, trading higher as investor focus intensifies on a key, upcoming catalyst. Here’s what investors need to know.

What To Know: The stock surged Tuesday following the release of the company’s second-quarter financial results, which painted a picture of forward-looking optimism despite mixed top-line numbers. Tonix posted a second-quarter net loss of $3.86 per share, beating the analyst consensus estimate of a $10.73 loss per share.

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