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Stock impact report

Arcutis: Shares Plateau After Early 2024 Gains, But Further Upside Looks Likely [Seeking Alpha]

Arcutis Biotherapeutics, Inc. - Common stock (ARQT) 
Company Research Source: Seeking Alpha
Follow Summary Arcutis Biotherapeutics, Inc. is a biotech company based in California that markets two dermatological products, ZORYVE cream and foam, containing roflumilast, a PDE4 inhibitor. Despite initial struggles post-IPO, Arcutis has seen a significant increase in revenues and a narrowing of losses in Q2 2024, with new product approvals and collaborations. Analysts predict strong growth potential for ZORYVE, but competition in the dermatological market poses a challenge for Arcutis to maintain and grow market share. FocalFinder/iStock via Getty Images Investment Overview At the end of January this year, I shared a note on Seeking Alpha covering Arcutis Biotherapeutics, Inc. NASDAQ: ARQT ). This is a Westlake Village, California-based biotech that markets and sells two Recommended For You About ARQT Stock Show less Read more
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