Vertex Stock Loses Around $3B in 3 Months: Buy the Dip or Steer Clear?
Vertex(VERX) ZACKS·2024-09-12 00:45
The stock of Vertex Pharmaceuticals Incorporated (VRTX) has declined around 1.2% in the past three months, losing almost 4.9 billion acquisition of Alpine Immune Sciences, which closed in May.Vertex enjoys a dominant position in the cystic franchise (“CF”) market. Vertex’s CF sales continue to grow, driven by its triple therapy, Trikafta/Kaftrio. Vertex ...