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Precigen (PGEN) Soars 6.3%: Is Further Upside Left in the Stock?

Zacks Investment Research·
Precigen (PGEN) Soars 6.3%: Is Further Upside Left in the Stock?

Economic data shows mixed signals with softer-than-expected PCE inflation and stronger-than-expected Q2 GDP growth. Market attention is turning to Friday's employment report. Precigen shares surged 6.3% on growing investor confidence in sales of its FDA-approved drug Papzimeos for recurrent respiratory papillomatosis, with expected quarterly earnings up 181.8% year-over-year.

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