Forget Cara Therapeutics' Earnings -- Here's the Real News

Forget Cara Therapeutics' Earnings -- Here's the Real News

Source: 
Motley Fool
snippet: 

Ordinarily, a report of zero revenue in a quarter would not be too well received by investors. That was exactly the top-line result for Cara Therapeutics (NASDAQ:CARA) when the company reported first-quarter results on May 9, and while the stock did take a minor hit on the announcement, the important news for this clinical-stage biotech had nothing to do with the numbers.