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MyoKardia: 2Q Earnings Snapshot

SOUTH SAN FRANCISCO, Calif. (AP) _ MyoKardia Inc. (MYOK) on Wednesday reported a loss of $38.2 million in its second quarter.

On a per-share basis, the South San Francisco, California-based company said it had a loss of 83 cents.

The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 79 cents per share.

MyoKardia shares have risen 5% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $51.37, a decrease of 13% 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 MYOK at https://www.zacks.com/ap/MYOK