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SRPT
CNBC
32 days

Sarepta shares plunge 30% as future of its gene therapy appears at risk

1. Sarepta's shares dropped over 30% due to Elevidys treatment concerns. 2. FDA may request a halt on Elevidys shipments amid safety investigations. 3. Two patient deaths linked to Elevidys are under FDA investigation. 4. A third death is reported with a separate experimental gene therapy. 5. Sarepta did not comment on the FDA's investigation status.

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FAQ

Why Very Bearish?

The substantial drop of over 30% indicates severe market concern. Historical precedents show similar FDA-related issues drastically affecting stock prices.

How important is it?

The ongoing FDA investigation is critical to SRPT's core product. Negative developments can lead to lasting impacts on investor confidence and stock performance.

Why Short Term?

Immediate impact due to FDA actions, with potential for further decline in the coming months. Past cases demonstrate that stock prices often react sharply within weeks.

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