Why Is Madrigal Pharmaceuticals, Inc. (MDGL) Among the Worst Performing Biotech Stocks in 2024?

Why Is Madrigal Pharmaceuticals, Inc. (MDGL) Among the Worst Performing Biotech Stocks in 2024?

The biotech industry faced volatility in 2024 with a slowdown in M&A deals despite the federal interest rate cut. Analysts were uncertain about the impact, but small-cap stocks gained momentum post the rate decrease, hinting at positive prospects for the sector.

Read More

Did you find this insightful?