Arrowhead Pharmaceuticals (ARWR) Plummets 5.49%, $500 Million Market Cap Vanishes
By ATTN Desk · Editorial oversight: Sean Han
Arrowhead Pharmaceuticals (NASDAQ: ARWR) stock closed at $70.22, down 5.49% from the previous trading day.[1] As a result, its market capitalization fell by about $514.75 million, bringing it to approximately $9.89098 billion.[1]
On that day, the stock declined without any clear filings or new catalysts, and trading volume was 1,936,550 shares, roughly in line with its average.[1] With market capitalization dropping by over $500 million in a single trading day, short-term volatility in shareholder value has widened.[1]
| Item | Figure |
|---|---|
| Closing price | $70.22 |
| Change rate | -5.49% |
| Trading volume | 1,936,550 shares |
| Market capitalization | $9.89098 billion |
| Market cap change | -$514.75 million |