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Could the picture get worse for Lannett Company(NYSE: LCI)? The generic drugmaker's shares were down more than 30% year to date coming into this week. This slide started with Lannett's disappointing fiscal 2020 third-quarter results announced in May.
Lannett announced its fourth-quarter results after the market closed on Wednesday. Its shares fell in after-hours trading. Here are the highlights from the company's Q4 update.