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via finance.yahoo.comBusiness & Companies

Argenx Plummets On Surprise Setback In Sjogren's Study

FROM THE WIRE · FINANCE.YAHOO.COM

Argenx unexpectedly scrapped a study of its drug, Vyvgart, in patients with Sjogren's disease on Thursday. The stock plummeted in response. Continue Reading

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishUnexpected abandonment of a key drug study is a significant negative catalyst for the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Argenx unexpectedly discontinued a study of drug Vyvgart in Sjogren's disease patients.
  2. 02The stock plummeted in response to the news.
  3. 03The study represented an important growth opportunity for the company.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
argenx SEARGXStock803.37 USD-2.20%today -13.47%Negative Amgen Inc.AMGNStock401.12 USD-1.61%today -2.90%Neutral Novartis AGNVSStock141.21 USD-0.58%today -1.45%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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