Will Biogen Stock Rise After The Recent 6% Fall?

Will Biogen Stock Rise After The Recent 6% Fall?

The stock price of Biogen reached a 52-week high of $468 this June before a sell-off drove the stock price down over 40% to its current level of around $266. The stock decline was partly driven by pessimism surrounding the Aduhelm launch, as we have discussed in our updates further below…