Progyny Stock Faces Downturn Following Alabama Supreme Court's IVF Decision

Friday, 10 May 2024, 14:11

Progyny's stock faced a significant decline after the Supreme Court of Alabama's decision on in vitro fertilization impacted the demand for IVF treatments. The company experienced a record selloff as potential customers were deterred by the ruling, signaling a challenging period for the fertility-services sector.
https://store.livarava.com/b6808ee1-0ed7-11ef-a6c2-63e1980711b2.jpg
Progyny Stock Faces Downturn Following Alabama Supreme Court's IVF Decision

Progyny Stock Plunges Amid Drop in IVF Treatments Demand After Alabama Ruling

Progyny's stock was headed for a record selloff Friday after the fertility-services company said the Supreme Court of Alabama's February ruling regarding in vitro fertilization seemed to scare off some potential customers.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe