DALLAS (AP) _ Abeona Therapeutics Inc. (ABEO) on Friday reported a loss of $23.9 million in its second quarter.
The Dallas-based company said it had a loss of 49 cents per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 39 cents per share.
In the final minutes of trading on Friday, the company's shares hit $2.29. A year ago, they were trading at $14.55.