Why Fortress Biotech Stock Is Sinking Today

Why Fortress Biotech Stock Is Sinking Today
Prosper Junior Bakiny, The Motley Fool
·2 min read

What happened? Shares of biopharmaceutical company Fortress Biotech (NASDAQ: FBIO) are dropping sharply on Tuesday after the company announced a regulatory update regarding one of its subsidiaries, Avenue Therapeutics (NASDAQ: ATXI).