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GlycoMimetics reports 3Q loss

ROCKVILLE, Md. (AP) _ GlycoMimetics Inc. (GLYC) on Wednesday reported a loss of $8 million in its third quarter.

The Rockville, Maryland-based company said it had a loss of 24 cents per share.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 28 cents per share.

GlycoMimetics shares have risen 77 percent since the beginning of the year. The stock has risen 80 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GLYC at https://www.zacks.com/ap/GLYC