MarketBeat Earnings
Akebia Therapeutics, Inc. $AKBA Shares Sold by Renaissance Technologies LLC
Renaissance Technologies LLC significantly reduced its stake in Akebia Therapeutics (NASDAQ:AKBA) during the first quarter, selling 1.76 million shares and retaining 1.83 million, now valued at $2.55 million. Despite this, Akebia reported stronger-than-expected quarterly revenues of $49.13 million and a smaller loss per share of $0.02, surpassing analyst estimates. The stock, currently trading near its 52-week low, holds …