Scholar Rock Q2 Net Loss Narrows
Scholar Rock (SRRK) reported a Q2 net loss Thursday of $0.84 per diluted share, compared with a loss of $0.98 a year earlier.Analysts polled by FactSet expected a loss of $0.84.As expected, the company reported no revenue for the quarter ended June 30.Cash, cash equivalents, and marketable securities as of June 30 totaled $492.1 million.Shares of the company were up over 6% in Thursday premarket activity.Price: $50.93, Change: $+3.06, Percent Change: +6.40%