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Why is Solid Biosciences Inc (SLDB) Stock down?

We've noticed a 8.66% decline in Solid Biosciences Inc (SLDB) stock during the 2024-11-15 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!
17 Nov, 2023:

Shares of Solid Biosciences (SLDB) dropped by 5.51% from $2.72 to $2.57 in the trading on Friday, Novemeber 17, 2023. The reason why SLDB is down today is due to recent announcement from the company. Solid Biosciences announced that it had received FDA clearance for an Investigational New Drug (IND) application for its gene therapy candidate aimed at treating Duchenne muscular dystrophy. Despite this positive development, the stock price declined, possibly reflecting investor sentiment or broader market dynamics.

16 Nov, 2023:

Shares of Solid Biosciences (SLDB) dropped by 5.51% from $2.72 to $2.57 in the trading on Friday, Novemeber 17, 2023. The reason why SLDB is down today is due to recent announcement from the company. Solid Biosciences announced that it had received FDA clearance for an Investigational New Drug (IND) application for its gene therapy candidate aimed at treating Duchenne muscular dystrophy. Despite this positive development, the stock price declined, possibly reflecting investor sentiment or broader market dynamics.

$70.39
price down icon 0.93%
$18.42
price down icon 1.07%
$38.25
price up icon 3.55%
$367.36
price up icon 0.83%
$194.56
price up icon 0.15%
$108.23
price up icon 5.96%
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