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Beyond Air Gains 13%

Shares of Beyond Air, Inc. (XAIR) are gaining over 13% on Tuesday morning despite no stock-related news to drive the shares.

XAIR is currently trading at $5.80, up $0.70 or 13.73%, on the Nasdaq. For the 52-week period, the stock has traded between $4.62 and $7.87.

Early this month, the company reported full-year revenues of $873 thousand as compared to $1.4 million a year ago, all of which was licensing revenue.

For the fiscal year, the company reported a net loss of $22.9 million or $1.27 per share, compared to a net loss of $20.5 million or $1.78 per share a year ago.

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