MDGL Stock Down 10% on Disappointing Preliminary Q4 Rezdiffra Sales
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Madrigal Pharmaceuticals' stock (MDGL) dropped by 10% due to disappointing preliminary Q4 sales figures for its drug Rezdiffra.
January 15, 2025 | 4:00 pm
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Madrigal Pharmaceuticals' stock fell by 10% after preliminary Q4 sales figures for Rezdiffra did not meet investor expectations.
The 10% drop in MDGL's stock price is directly linked to the underwhelming preliminary sales figures for Rezdiffra, indicating a negative market reaction. This suggests a short-term bearish outlook as investors adjust their expectations.
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