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ARCT - Why Arcturus Therapeutics Stock Is Sinking Today
Arcturus Therapeutics Ltd.
Shares of Arcturus Therapeutics (NASDAQ: ARCT) were sinking 8.4% as of 10:49 a.m. EST on Wednesday. The decline came after Roth Capital analyst Elemer Piros downgraded Arcturus from buy to sell.
It's best not to place too much emphasis on analysts' downgrades (or upgrades). However, understanding the thinking behind these moves can be helpful.