Why Arrowhead Pharmaceuticals Shares Dropped 15% in February [The Motley Fool]
Arrowhead Pharmaceuticals, Inc. (ARWR)
Last arrowhead pharmaceuticals, inc. earnings: 2/5 04:00 pm
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US:NASDAQ Investor Relations:
ir.arrowheadpharma.com/investor-relations
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Source: The Motley Fool
Why Arrowhead Pharmaceuticals Shares Dropped 15% in February After a stellar 2019, the biotech stock has lost 47% so far in 2020. Arrowhead Pharmaceuticals ( NASDAQ:ARWR ) , a market darling in 2019, lost 15% of its valuation in February, according to data provided by S&P Global Market Intelligence . This is part of a larger free fall in the biotech's stock price in 2020. Arrowhead's valuation has dropped almost 50% since Jan. 2. While some of this fall is due to fears from COVID-19, the stock started dropping way before that was an issue. So what's going on? Arrowhead Pharmaceuticals is a biotech company that is focused on RNA interference (RNAi) drugs. What shot the company to prominence was its deal with Johnson & Johnson in 2018. The pharmaceutical giant paid $250 million to license Arrowhead's hepatitis B drug. That deal provided a lot of necessary cash to the young biotech, and it was a validation of Arrowhead's science. The stock more than tripled in 2018, running up 237% . T
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News
- Arrowhead Pharmaceuticals Inc. (ARWR): Among the NASDAQ Stocks with Biggest Upside Potential According to Analysts [Yahoo! Finance]Yahoo! Finance
- Arrowhead Pharmaceuticals, Inc. (NASDAQ: ARWR) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $60.00 price target on the stock.MarketBeat
- Arrowhead Pharmaceuticals Presents New Data at AHA24 from PALISADE Phase 3 Study and Open-Label Extension from MUIR and SHASTA-2 Studies of Plozasiran [Yahoo! Finance]Yahoo! Finance
- Arrowhead Pharmaceuticals Submits New Drug Application to U.S. FDA for Plozasiran for the Treatment of Familial Chylomicronemia Syndrome [Yahoo! Finance]Yahoo! Finance
- Arrowhead Pharmaceuticals Submits New Drug Application to U.S. FDA for Plozasiran for the Treatment of Familial Chylomicronemia SyndromeBusiness Wire
ARWR
Earnings
- 8/8/24 - Miss
ARWR
Sec Filings
- 11/15/24 - Form 5
- 11/14/24 - Form SC
- 10/16/24 - Form SC
- ARWR's page on the SEC website