Altimmune Shares Fall After Q4 Results

MT Newswires Live

03/06

Altimmune (ALT) shares were down about 12% in Thursday trading after the clinical-stage drugmaker reported a wider-than-expected Q4 loss.

Earlier, the company posted a Q4 net loss of $0.27 per diluted share, narrower than a loss of $0.33 a year earlier. Analysts expected a loss of $0.23 in a FactSet poll.

Looking ahead, Altimmune said it has a number of inflection points in 2026, including the upcoming initiation of a phase 3 trial of pemvidutide in metabolic dysfunction-associated steatohepatitis.

The company said it is actively finalizing the study plan.

The firm also said it is expecting topline data from its phase 2 trial of pemvidutide in alcohol use disorder in Q3.

Price: 3.76, Change: -0.52, Percent Change: -12.06

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