ANI Guidance Raise Can’t Stop Stock Price Slump

Another Strong Quarter For ANI Was Overshadowed By Panic Among Investors

Stock prices at ANI Pharmaceuticals dropped 14.8% following its Q3 results announcement, despite a guidance raise from the company, after it noted that competitor supply disruptions seemed to be easing off.

Vector of businessman pushing back against red descending arrow
Stocks slumped 14.8% at ANI following the news that competitor supply disruption is beginning to level off • Source: Shutterstock

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