Immix Biopharma (NASDAQ:IMMX) Issues Quarterly Earnings Results

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Immix Biopharma (NASDAQ: IMMX) reported quarterly earnings per share (EPS) of ($0.28), missing the consensus estimate of ($0.16) by ($0.12). Shares experienced a 6.5% decline to $8.15 following the announcement. Despite the earnings miss, analysts maintain a “Moderate Buy” consensus rating with an average target price of $18.00, and institutional investors have recently increased their holdings in the company.

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