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Alnylam Pharmaceuticals shares drop over 28% after lowering 2026 sales guidance, prompting fraud investigation.

Market News
30 Oct 2026, 00:40 WIB
GlobeNewsWire
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Bearish
Alnylam Pharmaceuticals shares drop over 28% after lowering 2026 sales guidance, prompting fraud investigation.

Alnylam Pharmaceuticals announced on July 30, 2026, that it lowered its full-year 2026 sales guidance for its TTR product by about $200 million due to slower than expected market growth. This caused the stock to fall 28.31%, injuring investors. On October 29, 2026, the company reported weaker third-quarter demand and further lowered revenue expectations, leading to another sharp share decline. Law firm Glancy Prongay Wolke & Rotter LLP is investigating whether Alnylam misled investors, offering a potential path for investors to recover losses.

Alnylam Pharmaceuticals shares are currently priced at USD 176.58 on Pluang as of October 30, 2026, 04:41 WIB. The stock experienced a 24.02% decline in one day, reflecting continued market pressure. Despite this, the typical hold time for ALNY investors on Pluang is 41 days, with 81% of recent orders being buys.

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