Investor SentimentThe stock has surprisingly given back 16%, mainly reflecting investor disappointment with the profile shared for its new, preclinical stage orexin candidate compared to existing competition.
Sales ImpactHRMY shared that it now also expects an additional negative impact on 1Q24 Wakix sales due to the ransomware attack at Change Healthcare.
Stock PerformanceThe announcement of a secondary offering by HRMY's founding investors has caused a setback in the stock's performance.