SOUTH SAN FRANCISCO, Calif. (AP) — SOUTH SAN FRANCISCO, Calif. (AP) — Assembly Biosciences Inc. (ASMB) on Wednesday reported a loss of $14.4 million in its third quarter.

The South San Francisco, California-based company said it had a loss of 27 cents per share.

In the final minutes of trading on Wednesday, the company's shares hit 85 cents. A year ago, they were trading at $1.37.

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