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GlycoMimetics Inc. (GLYC) Dropped After Wider Than Expected Q4 Loss

GlycoMimetics Inc. (GLYC) reported a fourth quarter loss of $0.27 Tuesday morning, compared to the loss of $0.36 last year. The consensus estimate was for a loss of $0.26.

GlycoMimetics gapped open sharply lower Tuesday, but traded in a range for the majority of the session. The stock finished with a loss of 4.07 at $18.75 on above average volume. GlycoMimetics tumbled to a 1-month low.

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