5 Best Biotech Stocks Under $10

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In this article, we will discuss the 5 best Biotech stocks under $10.  To read the sector analysis, risk/reward, and methodology for the list, go directly to the 10 Best Biotech Stocks Under $10.

5. Nuvation Bio Inc. (NYSE:NUVB)

Number of Hedge Fund Holders: 28

Total Value: $204.89 million

Share Price as of August 30: $2.75

Nuvation Bio Inc. (NYSE:NUVB), a biotech firm situated in New York, aims to create cutting-edge treatments for treatment-resistant cancers. The firm has a market cap of $600.17 million. 

On August 22, Robert Burns, an analyst at H.C. Wainwright kept a buy rating and lowered the firm’s price target from $14 to $4.50.

In August 2022, Nuvation Bio declared that it would discontinue the clinical development of NUV-422 and put more emphasis on the development of its small molecule DDC platform and NUV-868.

Avidity Partners Management is the largest shareholder in Nuvation Bio Inc. (NYSE:NUVB). For the second quarter, Nuvation Bio Inc. (NYSE:NUVB) reported earnings per share of -$0.14, missing estimates by $0.03. 

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