22.76
price down icon0.61%   -0.14
after-market  After Hours:  22.5347  -0.2253   -0.99%
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Why is Schrodinger Inc (SDGR) Stock down?

We've noticed a 8.19% decline in Schrodinger Inc (SDGR) stock during the 2024-05-02 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!
03 Aug, 2023:

Schrödinger (SDGR) shares plummeted 23.91% due to disappointing Q2 earnings, with a 9% YoY revenue decline. Drug discovery revenue expectations were lowered, but software revenue is expected to rise by 15-18%. The company received FDA clearance for a new drug application and benefits from AI stock market interest.

https://www.fool.com/investing/2023/08/03/why-shares-of-schrodinger-are-falling-thursday/

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