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home / news releases / TAK - Can GW Pharmaceuticals Stock Bounce Back?


TAK - Can GW Pharmaceuticals Stock Bounce Back?

Shares of GW Pharmaceuticals (NASDAQ: GWPH) have been sliding since the company reported quarterly results that were arguably positive. Even though GW Pharmaceuticals reported second-quarter product sales that grew 70% year over year, its stock price has tumbled about 20% since announcing results in early August.

The disconnect between year-over-year sales growth and the stock price has inspired some intrepid investors to buy up shares at what could turn out to be a great bargain. Here's what needs to happen for this risky bet to pay off.

Image source: Getty Images.

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Stock Information

Company Name: Takeda Pharmaceutical Company Limited American Depositary Shares
Stock Symbol: TAK
Market: NYSE
Website: takeda.com

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