Nov. 18 at 2:43 PM
$ALEC tumbles 62.5% — what's behind the massive drop?
The plunge follows the failure of its late-stage study for latozinemab in FTD-GRN patients, missing key clinical endpoints. Alector is now cutting 49% of its workforce to focus on core programs.
Discover the full story and future plans here 👉 https://www.zacks.com/stock/news/2792597/alector-stock-plummets-63-in-a-month-heres-what-you-need-to-know?cid=sm-stocktwits-2-2792597-body-21383&ADID=SYND_STOCKTWITS_TWEET_2_2792597_BODY_21383