NuCana Shares Tumble Despite Encouraging Financial Results

NuCana plc witnessed a significant sell-off on Thursday, with its shares plunging 7.92 percent to close at $3.49. This sharp decline occurred even as the clinical-stage biopharmaceutical company reported quarterly figures that demonstrated considerable financial improvement, including substantially narrowed losses and a fortified cash position. The market’s reaction suggests investor anxieties overshadowed the positive operational updates.

The company’s financial report for the third quarter of 2025 revealed a notable turnaround. NuCana posted a net loss of just £0.3 million, a dramatic reduction from the £4.5 million loss recorded in the same period last year. An even more pronounced improvement was seen in its operating loss, which contracted from £5.3 million to £779,000.

Furthermore, NuCana’s Read more...