Spruce Biosciences falls on bigger-than-expected Q1 loss

Spruce Biosciences

15/05/2023 16:44

** Shares of biopharma co Spruce Biosciences Inc  SPRB.O 
down 4.04% at $2.14
    ** Co reports Q1 loss of 40 cents per share vs analysts'
ests of a loss of 46 cents per share - Refinitiv 
    ** Posts cash, cash equivalents and investments at $118.6
mln as of March 31, 2023
    ** SPRB stock up 91.82% YTD

 (Reporting by Rupali Chaudhary in Bengaluru)
 ((Rupali.chaudhary@thomsonreuters.com))