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0 0.00697906281156533 0.00764373546028582 0.00365569956796288 0.00465270854104355 0.00498504486540386 0.00731804586241283 0.00432037221668337
Stock impact report

What Awaits These 4 Biotech Stocks That More Than Doubled in 2024 [Yahoo! Finance]

Arcutis Biotherapeutics, Inc. - Common stock (ARQT) 
Company Research Source: Yahoo! Finance
The drug and biotech sector had a turbulent year in 2024, starting strong but losing momentum in the second half. This slowdown was primarily due to disappointing third-quarter earnings, reduced guidance and pipeline setbacks. These challenges highlighted the inherent volatility in biotech, amplified by broader macroeconomic uncertainties. Despite these setbacks, the demand for cutting-edge medical innovations ensures the sector remains a focal point for investors. Looking ahead, innovation will continue to be a key growth driver, particularly in high-potential areas like obesity and oncology treatments. The sector's robust fundamentals and expectations of strong M&A activity in 2025 indicate a promising outlook. While the current environment may deter some, the long-term need for advanced medicines is expected to draw investors back to the sector, reinforcing its importance in the healthcare landscape. Our Choices As we approach the New Year, let us take a good look at some bi Show less Read more
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