Osiris Therapeutics Inc. (OSIR) reported a fourth quarter loss of $0.08 per share Wednesday morning, compared to the profit of $0.15 per share last year. The consensus estimate was for a loss of $0.15.
Osiris Therapeutics has gapped open sharply higher Wednesday and is now up 1.82 at $8.73 on above average volume. The stock has jumped to a month and a half high and has re-crossed its 50-day moving average.
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