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Ciphergen Stock Slides 8.3 Percent on Revenue Investigation, Delayed Q3 Earnings

NEW YORK, Nov. 7 (GenomeWeb News) - Shares in Ciphergen Biosystems were down 8.3 percent, or $.16, at $1.77 in mid-afternoon trading after the company said an audit committee has begun investigating $500,000 in sales recorded in the second quarter.


As GenomeWeb News reported earlier today, the company will delay releasing its financial results for the third quarter while the investigation is pending.


Ciphergen is expected to file a late notice with the Securities and Exchange Commission for its quarterly report.

The Scan

Two J&J Doses

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