Regeneron Pharmaceuticals (REGN) Faces Securities Class Action After Losing $9 Billion Value Following Q3 2024 Earnings Report– Hagens Berman
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Regeneron Pharmaceuticals is facing a securities fraud class action lawsuit after its stock price dropped significantly following its Q3 2024 earnings report, resulting in a $9 billion loss in market value.

January 13, 2025 | 4:00 pm
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Regeneron Pharmaceuticals is facing a securities fraud class action lawsuit after its stock price dropped by $84.59, resulting in a $9 billion loss in market value following its Q3 2024 earnings report.
The significant drop in Regeneron's stock price and the subsequent legal action are likely to negatively impact investor sentiment and the stock's short-term performance. The $9 billion loss in market value and the class action lawsuit suggest potential issues with the company's financial disclosures or performance, which could lead to further volatility.
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IMPORTANCE 90
RELEVANCE 100