Why Madrigal Pharmaceuticals Stock Was Plummeting This Week
Madrigal Pharmaceuticals(MDGL) The Motley Fool·2025-01-17 13:28An estimates-beating set of preliminary financial numbers and two bullish analyst updates weren't enough to lift Madrigal Pharmaceuticals (MDGL -0.59%) stock out of the doldrums over the past few trading days. Investor expectations are clearly very high, as the company's share price had withered by nearly 20% week to date as of Friday before market open, according to data compiled by S&P Global Market Intelligence.Preliminary numbers revealedMadrigal unveiled those figures Monday morning. The company said t ...