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Why Repligen Stock Soared This Week

·1 min read
Why Repligen Stock Soared This Week
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Shares of Repligen (NASDAQ: RGEN) were up by 14.8% this week as of the market close on Thursday. Repligen announced Q2 revenue of $163 million, up 86% year over year, and well above the consensus Wall Street estimate of $144.1 million. Its base business generated 66% of total revenue, and those sales increased by 35%.