STAMFORD, Conn. (AP) _ SpringWorks Therapeutics Inc. (SWTX) on Wednesday reported a loss of $47 million in its second quarter.

The Stamford, Connecticut-based company said it had a loss of 97 cents per share.

The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 70 cents per share.

SpringWorks Therapeutics shares have risen 18% since the beginning of the year. The stock has risen 99% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SWTX at https://www.zacks.com/ap/SWTX

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News