Ark_Trade

time to add target 2.25

Long
NASDAQ:ADVM   Adverum Biotechnologies, Inc.
time to add target 2.25 stoploss 1.13..Adverum is moving forward with its eye disease gene therapy that caused headaches in April 2021, but is doing so with fewer staff on board.

The biotech is laying off 78 employees, or about 38% of its workforce, in order to conserve cash and keep the lights on into 2025, according to an SEC filing.
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