XOMA Royalty (XOMA) Moves 9.0% Higher: Will This Strength Last?

XOMA Royalty (XOMA) shares soared 9% in the last trading session to close at $26.22. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 3.2% loss over the past four weeks.The rise in the stock price can be attributed to the positive investor mindset regarding Xoma's extensive and growing portfolio of assets, defined as the right to receive potential future payments related to the advancement of an underlying therapeutic candidate. L ...