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1.77
1.14%
0.02
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1.77
Why is Iterum Therapeutics Plc (ITRM) Stock down?
We've noticed a 8.74% decline in Iterum Therapeutics Plc (ITRM) stock during the 2024-12-18 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
27 Nov, 2023:
Shares of Interum Therapeutics Plc (ITRM) dropped by 20.43% from $2.30 to $1.83 in the trading on Monday, November 27, 2023. The reason why ITRM is down today is due to a Form 4 filing on November 20, 2023, indicating that company insiders had been selling their shares. Insider selling can be interpreted by other investors as a lack of confidence in the company's future performance. This perception likely contributed to the sharp decline in ITRM's stock price.
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