Why XOMA Corp. (Nasdaq: XOMA) Stock Jumped 24.4% in One Day

Shares of biotech startup XOMA Corp. (Nasdaq: XOMA) jumped over 24% on Monday, but XOMA stock is a gamble. XOMA had a volatile run this past year, including an almost 80% drop in July after it failed a phase 3 test for its former flagship drug. Here's what you need to know before jumping into this stock... Tags: biotech penny stock , Nasdaq: XOMA , Penny Stocks , Penny Stocks Today , XOMA stock To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Why XOMA Corp. (Nasdaq: XOMA) Stock Jumped 24.4% in One Day appeared first on Money Morning - We Make Investing Profitable .