Indivior Stock Takes a Dive Amid Reduced FY24 Outlook and Sales Setbacks

Tuesday, 9 July 2024, 12:28

Indivior (INDV) faces a sharp decline in stock value, dropping by over 30% due to challenges with Sublocade sales and discontinuation of Perseris. The company's decision to lower its full-year projection has sparked concerns among investors about its future performance.

Seeking Alpha — Indivior Stock Takes a Dive Amid Reduced FY24 Outlook and Sales Setbacks

Indivior Stock Plummets

Indivior (INDV) experiences a significant drop in stock value.

Reason Behind Decline

Sublocade Sales Challenges: Sales issues with Sublocade contribute to the decline.

Perseris Discontinuation: Discontinuation of Perseris adds to the challenges faced by the company.

Impact on Investors

Investors are concerned about Indivior's future performance and financial outlook.

Despite the setback, the company's stock experiences a major downfall, prompting questions about its strategies moving forward.

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.