REDWOOD CITY, Calif. (AP) _ Adverum Biotechnologies Inc. (ADVM) on Thursday reported a loss of $40.1 million in its third quarter.
On a per-share basis, the Redwood City, California-based company said it had a loss of 40 cents.
In the final minutes of trading on Thursday, the company's shares hit 73 cents. A year ago, they were trading at $2.27.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ADVM at https://www.zacks.com/ap/ADVM