Fresh Tracks Therapeutics Q2 Sales $100.00K Down From $4.32M YoY
Portfolio Pulse from Benzinga Newsdesk
Fresh Tracks Therapeutics (NASDAQ:FRTX) reported a significant decrease in Q2 sales, down to $100.00 thousand from $4.32 million YoY. This represents a 97.68 percent decrease.
August 11, 2023 | 8:31 pm
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NEGATIVE IMPACT
Fresh Tracks Therapeutics' Q2 sales have significantly decreased by 97.68% YoY, which could negatively impact the company's stock price.
The significant decrease in sales for Fresh Tracks Therapeutics is a negative indicator for the company's financial health. This could lead to a decrease in investor confidence, potentially driving the stock price down in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100