Reported 3 days ago
Scholar Rock Holding Corp. (NASDAQ:SRRK) experienced a 14.26% surge in its share price on Wednesday, closing at $34.4 as investors sought bargains despite its year-to-date decline of 20.4%. The company reported a significant net loss increase of 89.6% in Q2, totaling $110 million, alongside a rise in operating expenses. While there are opportunities in SRRK, some analysts suggest exploring AI stocks with greater potential for returns.
Source: YAHOO